Regulatory Alerts2020-08-03
Notice to Québec-Chartered Insurers, Deposit Institutions and Trust Companies on the Resumption of Public Consultations and Quantitative Impact Studies
The Autorité des marchés financiers (AMF) resumes suspended public consultations and quantitative impact studies for Québec-chartered insurers, deposit institutions, and trust companies. Key regulatory activities restarting in September 2020 include aligning insurer capital frameworks with IFRS 17, consulting on proposed changes to the CARLI guideline for participating policies and P&C subsidiaries, and modernizing prudential oversight regulations. These measures restore capital requirement updates and market supervision following pandemic-related delays, with detailed stakeholder communications to follow.
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