Regulatory Alerts2016-10-11
Notice of the Authority Relating to Filing of Annual Returns and Documents for Quebec P&C Insurers, Fiscal Year Ending October 31, 2016
The Autorité des marchés financiers requires Quebec-licensed property and casualty insurers to electronically submit annual returns and specified supporting documents via the File Transfer Service for the fiscal year ending October 31, 2016. The notice details precise document specifications, file naming conventions, and submission deadlines spanning from October 2016 to May 2017. Insurers must retain complete paper copies on their premises and face administrative monetary sanctions under section 405.1 of the Act respecting insurance for late or missing electronic filings.
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