Regulatory Alerts2012-05-17
Notice Relating to Filing of Interim Returns and Other Documents for the Half Year Ended April 30, 2012 – Damage (P&C) Insurers Licensed in Québec
The Autorité des marchés financiers mandates that all Québec-licensed Damage insurers electronically file statutory disclosures via the new File Transfer Service for fiscal years ending after December 1, 2011. This transition eliminates paper copies and personal reminders, requiring designated contact persons to receive email submission confirmations and submit a mandatory Attestation of Compliance verifying data consistency across electronic formats. The Authority enforces administrative monetary sanctions against non-compliant insurers, with specific forms and deadlines outlined in the appendix.
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