Regulatory Alerts2024-12-19
Notice of Change to Filing Frequency for Guarantee Instrument Declarations Under the AMF Guide
The Autorité des marchés financiers (AMF) has amended the filing frequency requirements for Québec insurers under its Guide respecting the Use of Guarantee Instruments. Effective January 1, 2025, insurers may elect to submit their annual declarations by December 31 instead of the previous quarterly schedule, thereby reducing compliance burdens while preserving capital credit offsets for unregistered reinsurance contracts. The regulator retains the authority to adjust this filing frequency again based on evolving market conditions.
Share