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22-432: In addition, the institute develops and delivers professional development activities for financial planners. Financial planners must accumulate professional development units in three categories: In Quebec, under the article 57 of the "Loi sur la distribution des produits et services financiers" (Act respecting the distribution of financial products and services), only a person holding a diploma in financial planning issued by

44-1402: A Québec institute of financial planners, obtain the advice of the Inspector General. The accredited institute shall, by a by-law subject to the approval of the Government, determine the conditions governing the issuance of financial planner's diplomas, including those relating to equivalence, and the terms and conditions of payment of the contributions to be paid by the persons who use the title of financial planner." List of Institute Presidents : Charles Pelletier (1989-1992), Jocelyne Gagnon (1992-1993), Jean-Claude Lefebvre (1993-1994), Robert Lafond (1994-1995), Michel Mailloux (1995-1996 et 2000–2002), Paul Turcot (1996-1997), Anne-Marie Girard-Plouffe (1997-1998), Réjean Ross (1998-1999), Denis Boucher (1999-2000), Richard Pilotte (2002-2004), Jean Girard (2004-2005), André Buteau (2005-2006), Gilles Sinclair (2006-2008), Robin W. De Celles (2008-2010), Martin Dupras (2010-2012), Yves L. Giroux (2012-2014), Nathalie Bachand (2014-2016), Sylvain B. Tremblay (2016-2018), Julie Raîche (2018-2020), Daniel Lanteigne (2020-2022), Bernard Fortin (2022-). Autorit%C3%A9 des march%C3%A9s financiers (Quebec) The Autorité des marchés financiers ( AMF ; lit.   ' Financial Markets Authority ' )

66-475: Is a broad set of policies that apply to the financial sector in most jurisdictions, justified by two main features of finance: systemic risk , which implies that the failure of financial firms involves public interest considerations; and information asymmetry , which justifies curbs on freedom of contract in selected areas of financial services, particularly those that involve retail clients and/or Principal–agent problems . An integral part of financial regulation

88-564: Is a self-funding government agency responsible for financial regulation in the Canadian province of Quebec . It regulates the province's financial markets and provides assistance to consumers of financial products and services. As provided for under its incorporating legislation, the AMF's mission is to enforce the laws governing the regulation of the financial sector, notably in the areas of insurance, securities, deposit institutions (other than banks) and

110-401: Is financially self-sufficient through the fees and dues paid by the persons and firms governed by the legislation it is charged with enforcing. The AMF is headed by a President and Chief Executive Officer appointed by the government. In applying its governance rules, the AMF is supported by an Internal Auditor as well as an Advisory Board. The "Autorité des marchés financiers" also administers

132-650: Is the result of the merger of the "Commission des valeurs mobilières du Québec" (Québec Securities Commission - CVMQ), the Bureau des services financiers (Quebec) (Financial Services Bureau - BSF), the Régie de l'assurance-dépôt du Québec (Québec Deposit Insurance Corporation) (RADQ), the Fonds d'indemnisation des services financiers (Financial Services Compensation Fund) (FISF) and the "Inspecteur general des institutions financières" (Inspector General of Financial Institutions) (IGIF). The AMF

154-427: Is the supervision of designated financial firms and markets by specialized authorities such as securities commissions and bank supervisors . In some jurisdictions, certain aspects of financial supervision are delegated to self-regulatory organizations . Financial regulation forms one of three legal categories which constitutes the content of financial law , the other two being market practices and case law . In

176-484: Is to ensure that investors have access to essential and adequate information for making an informed assessment of listed companies and their securities. Asset management supervision or investment acts ensures the frictionless operation of those vehicles. Banking acts lay down rules for banks which they have to observe when they are being established and when they are carrying on their business. These rules are designed to prevent unwelcome developments that might disrupt

198-452: The early modern period , the Dutch were the pioneers in financial regulation. The first recorded ban (regulation) on short selling was enacted by the Dutch authorities as early as 1610. The objectives of financial regulators are usually: Acts empower organizations, government or non-government, to monitor activities and enforce actions. There are various setups and combinations in place for

220-466: The AMF is unique by virtue of its integrated regulation of the Québec financial sector, notably in the areas of insurance, securities, deposit institutions (other than banks) and the distribution of financial products and services. The "Autorité des marchés financiers" (Authority of financial markets) derives its authority from the "Loi sur l'Autorité des marchés financiers" (Financial Market Authority Act). It

242-714: The AMF. Institute Fellow The Institute's Fellow distinction is awarded since 2019 by the Institute's Board of Directors to honour people who have made extraordinary contributions to the development and influence of the profession. Since 2023, these individuals must hold the Institute's Financial Planning Diploma and have held the title of F.Pl. for at least 10 years. Here are the recipients: 2019 - Jocelyne Houle-LeSarge 2020 - Martin Dupras and Claude Paquin 2021 - Nathalie Bachand and Cary List 2022 - Lorena Biason and Daniel Laverdière 2023 - Caroline Marion, Nancy Paquet and Denis Preston Institute Distinction Launched in 2023,

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264-525: The Act 2004-37 du 17 décember 2004 . The people who have served as AMF's president and CEO are: Jean Saint-Gelais (2004-2010), Mario Albert (2010-2013), Louis Morisset (2013-today). In addition to the powers and responsibilities conferred on it by its incorporating legislation, the AMF oversees the enforcement of laws in each of the areas it regulates. It can also draw on self-regulatory organizations (SROs), to which certain regulatory powers are delegated. The AMF

286-545: The Institute may obtain, from the Autorité des marchés financiers (Quebec) (AMF), a certificate authorizing the person to use the title of financial planner. The Chambre de la sécurité financière (CSF) is responsible for financial planners' ethical obligations since 1998. Financial planners that are members of the Ordre des Administrateurs Agréés du Québec fall under their professional order's regulation, according to an agreement with

308-571: The Institute Distinction award is given by the Institute's Board of Directors to recognize the extraordinary contribution of individuals to the development and influence of the financial planning profession. Here are the recipients: 2023 - Carl Thibeault Trainers of the Year Since 2009, the Institute has awarded the title of "Trainer of the Year" annually to recognize and encourage excellence in

330-695: The Institute has awarded honorary membership annually to financial planners who had distinguished themselves in a variety of ways, including providing exceptional services to the Institute, the financial planning profession or the community. These recipients are: 2007 - Jean-Guy Grenier 2007 - Guy Jasmin 2008 - Henri Gagnon 2009 - Daniel Laverdière 2010 - Robert McLaughlin 2011 - Thérèse Quirion 2012 - Gilles Garon 2013 - Natalie Hotte 2014 - Fabien Champagne 2015 - Michel Lavoie 2016 - Pierre Larose 2017 - Sylvain Chartier 2018 - Denis Preston 2020 - Nancy Paquet 2020 - Dany Provost In addition,

352-859: The Institute's instructors. The award is granted for the previous year's performance. The recipients of these awards are: 2008 - Martine Berthelet and Pierre Larose 2009 - Martine Berthelet and Annie Boivin 2010 - Marthine Berthelet and Robert McLaughlin 2011 - Daniel T. Jolin and Jean Turcotte 2012 - Martine Berthelet and Caroline Marion 2013 - Martine Berthelet and Denis Preston 2014 - Nancy D'Amours, Caroline Marion and Denis Preston 2015 - Nancy D'Amours, Caroline Marion and Denis Preston 2016 - Martin Dupras, Caroline Marion and Jean Turcotte 2017 - Martin Dupras and Sylvain Houde 2018 - Nancy D'Amours and Denis Preston 2019 - Caroline Marion and Felice Torre 2020 - Denis Preston and Guy Sauvé 2021 - François Archambault 2022 - Nancy D'Amours Recruit of

374-515: The Year The Recruit of the Year award is given since 2023 by the Institute's Board of Directors to recognize financial planners who have made an exceptional start to their careers and who have distinguished themselves in various ways, including outstanding service to the Institute, the financial planning profession or the community. Here are the recipients: 2023 - Étienne Bélanger and Jean-François Girard Honorary members From 2007 to 2020,

396-525: The distribution of financial products and services. The AMF coordinates its activities with self-regulating bodies such as the Chambre des services financiers (Chamber of Financial Security) and the Chambre de l'Assurance de dommages (Chamber of Damage Insurance), including professional ethics and continuing education . Established under An Act respecting the Autorité des marchés financiers on February 1, 2004,

418-701: The financial regulatory structure around the globe. Exchange acts ensure that trading on the floor of exchanges is conducted in a proper manner. Most prominent the pricing process, execution and settlement of trades, direct and efficient trade monitoring. Financial regulators ensure that listed companies and market participants comply with various regulations under the trading acts. The trading acts demands that listed companies publish regular financial reports, ad hoc notifications or directors' dealings. Whereas market participants are required to publish major shareholder notifications. The objective of monitoring compliance by listed companies with their disclosure requirements

440-593: The following mandates: The Authority permits public access to various registers: Autorité des marchés financiers is one of two major securities regulators in Canada, the largest in Canada being the Ontario Securities Commission . The AMF regulates securities in the province of Quebec . The major exchange under its purview is the Montreal Exchange . Financial regulation Financial regulation

462-682: The presidents of the Institute's Board of Directors were appointed honorary members until 2020. Prix de journalisme en littératie financière From 2012 to 2018, the Institute awarded a "Prix de journalisme en littératie financière" to a journalist in Québec who contributed, by their actions, their implication and their outreach, to the financial education of Quebecers and by so doing, to the influence of financial planning. The winners were: 2012 – Stéphanie Grammond 2013 – Gérald Fillion 2014 – René Vézina 2015 – Marc Tison 2016 – Pierre-Yves McSween 2017 – François Gagnon 2018 - Daniel Germain "The Minister shall, before granting his accreditation to

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484-538: Was established by the act 2002-45 of December 11, 2002 under the name of the "National Financial Sector Management Agency", in order to integrate the functions of the Bureau des services financiers (Quebec) and the Commission des valeurs mobilières du Québec (Securities Commission of Quebec), which were created by The laws bill 2002-45 of December 11, 2002- 48 of 16 December 1982 . It was then renamed under its current name by

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