Autorité des marchés financiers (Québec) Risk Report

⚖️ Legal & Regulatory

The Autorité des Marchés Financiers (AMF) has been proactive in addressing legal and regulatory challenges, focusing on compliance and enforcement to protect investors and ensure financial stability. Significant regulatory developments include new measures and oversight frameworks aimed at mitigating risks associated with emerging financial technologies, as well as enhancing transparency and accountability among financial institutions.

• The AMF published its action and supervisory priorities for 2025 🗓 January 17, 2025, emphasizing the need to address emerging regulatory challenges.
• A new information security incident framework was introduced for Quebec financial institutions 🗓 April 17, 2025, aiming to strengthen the sector's resilience against cyber threats.
• Regulations respecting complaint processing and dispute resolution in the financial sector came into force 🗓 June 30, 2025, to streamline and improve consumer protection mechanisms.
• The AMF delayed the application of certain climate-related disclosure requirements 🗓 March 7, 2025, aligning with global regulatory trends.
• The AMF moved towards AI oversight for financial institutions, including insurers 🗓 July 10, 2025, highlighting a shift towards monitoring technological impacts on the industry.

📜 Innovation & R&D

Innovation remains a critical focus for the AMF, particularly in financial education and technological advancements. The AMF is harnessing new technologies and regulatory frameworks to drive change and support sustainable finance initiatives.

• The AMF launched a major financial education campaign aimed at young investors 🗓 October 8, 2024, fostering a deeper understanding of financial investments.
• Together with the ACPR, the AMF published findings from a working group on smart contract certification and initiated a public consultation 🗓 February 3, 2025.
• The AMF announced a new supervisory framework for financial institutions and credit assessment agents 🗓 January 16, 2025, integrating modern technological approaches into their operations.
• The AMF's financial skills certification board composition was updated 🗓 March 1, 2020, to better address contemporary financial market challenges.
• The responsible influence certificate in finance was launched in partnership with ARPP 🗓 September 8, 2023, promoting ethical standards in financial communications.