Regulatory Alerts2025-06-12
Regulation to amend Regulation 81-102 respecting Investment Funds
The Minister of Finance approved the Autorité des marchés financiers' regulation amending Regulation 81-102 respecting Investment Funds to integrate crypto assets into Quebec's securities framework. The amendments define crypto assets within alternative mutual funds, establish specific conditions for their purchase and holding, and mandate that custodians hold private cryptographic keys in offline storage. Additionally, the regulation requires annual assurance reports on custody systems and permits mutual funds to accept crypto assets as payment for securities under strict valuation and objective consistency criteria.
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