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Quebec-The Autorité des marchés financiers (AMF) Releases Final Report on Internet Insurance

Thu, 09/24/2015 - 11:05am

On April 2, 2015, the AMF released its final report on Internet Insurance titled Internet Insurance Offerings in Quebec – Presentation of Consultation Findings and Orientations. The report sets out 11 Orientations or guidelines as outcomes from the 13 proposals originally published in its consultation paper Internet Insurance Offerings In Québec February 2012.

The paper released was not a consultation paper and industry comments were not requested. The paper notes that “The government might decide that regulatory amendments are necessary in order to implement these orientations.”  No deadline for compliance with the orientations was given.

The paper can be found at
http://www.lautorite.qc.ca/files/pdf/reglementation/distribution/avis/20...