Regulatory Alerts2020-06-29
AMF Notice on Disclosure Requirements for Québec Financial Institutions Regarding Market Risk and Leverage Ratio Relief
The Autorité des marchés financiers has issued a notice implementing targeted disclosure relief for Québec trust companies, savings companies, and credit unions to optimize resource allocation during the COVID-19 crisis. The measure permits affected institutions to continue using 2016 market risk disclosure templates until January 2024 while clarifying precise reporting locations for leverage ratio exclusions in Pillar 3 disclosure templates. These requirements take effect upon publication and remain subject to reassessment as the pandemic and broader regulatory frameworks evolve.
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