Notice of Consultation: Regulation to Amend Information Requirements for Segregated Fund Insurance Contracts

Draft Regulation
Insurers Act
(chapter A-32.1, ss. 485 par. (1))
Regulation to amend the Regulation respecting information to be provided to holders of individual variable insurance contracts relating to segregated funds Notice is hereby given by the Autorité des marchés financiers (the “AMF” or the “Authority”) that, in accordance with section 486 of the Insurers Act, CQLR, c. A-32.1, the following regulation (the “Draft Regulation”), the text of which is published hereunder, may be made by the Authority and subsequently submitted to the Québec Minister of Finance for approval, with or without amendment, after 30 days have elapsed since its publication in the Bulletin of the Authority:

• Regulation to amend the Regulation respecting information to be provided to holders of
  individual variable insurance contracts relating to segregated funds The Draft Regulation is also available under “Public consultations” on the AMF’s website at www.lautorite.qc.ca. Purpose of the Draft Regulation The Draft Regulation proposes to amend the Regulation respecting information to be provided to holders of individual variable insurance contracts relating to segregated funds, approved by order number 2025-01 of the Minister of Finance (2025, G.O. II, 718), in order to make changes to the information that must be included in the annual statement sent to holders of individual variable insurance contracts. Subject to ministerial approval, the AMF expects that the Draft Regulation will come into force on January 1, 2026, the same date as the Regulation respecting information to be provided to holders of individual variable insurance contracts relating to segregated funds. Comments Comments regarding this Draft Regulation may be made in writing before November 21, 2025, to:
  Me Philippe Lebel
  Corporate Secretary and Executive Director, Legal Affairs Autorité des marchés financiers Place de la cité, tour PwC 2640, boulevard Laurier, bureau 400 Québec (Québec) G1V 5C1 Telephone: 418-525-0337 Fax: 418-525-9512 E-mail: consultation-en-cours@lautorite.qc.ca Unless otherwise noted, comments will be posted on the AMF’s website at www.lautorite.qc.ca. Therefore, you should not include personal information directly in comments to be published. It is important that you state on whose behalf you are making the comments.

Further information
Further information is available from:
Isabelle Déry
Senior Coordinator, Financial Institutions
Direction de l’encadrement prudentiel et des simulations Autorité des marchés financiers Telephone: 418-525-0337, ext. 4176 Toll-free: 1-877-525-0337 Isabelle.dery@lautorite.qc.ca October 23, 2025