Regulatory Alerts2016-05-24
Notice of the Authority Relating to Filing of Interim Returns and Other Documents for P&C Insurers Licensed in Quebec
The Autorité des marchés financiers (AMF) requires Quebec-licensed property and casualty insurers to electronically file signed interim returns, compliance attestations, and supporting documents for the half year ending June 30, 2016. Submissions must be processed through the File Transfer Service by August 14, 2016, using specified PDF and Excel/ASCII formats that align with physical records retained at the insurer’s premises. Failure to submit complete or timely filings subjects insurers to administrative monetary sanctions under section 405.1 of the Act respecting insurance.
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