Candidates who successfully completed the OACIQ-recognized training and the OACIQ certification exam between May 1, 2019 and April 30, 2020 must apply to the AMF for the issuance of a certificate within one year of the date on which the exam was passed.

No probationary period is required. 

Candidates who have successfully completed the OACIQ-recognized training (regardless of the year of success), but not the OACIQ exam must take the following steps with the AMF before May 1, 2022:

• Pass the two AMF examsThe AMF exams are valid for two years from the date on which they are passed. 
• Complete the probationary period
• Apply for a certificate

Candidates must also meet the requirements for the issuance of a certificate as set out in the Regulation respecting the issuance and renewal of representatives’ certificates.

Please contact a training body recognized by the AMF to have access to exam preparation manuals. Also, your course provider could, if needed, offer you additional educational support. If necessary, you can also send us an email to the following address [email protected] to obtain the exam preparation manuals

Candidates must complete the recognized training through the educational institution with which the training was begun and take the following steps with the AMF:

• Pass the two AMF exams The AMF exams are valid for two years from the date on which they are passed
• Complete the probationary period
• Apply for a certificate

Candidates must also meet the requirements for the issuance of a certificate as set out in the Regulation respecting the issuance and renewal of representatives’ certificates. 

Candidates who have passed only one AMF exam must complete the following steps within two years of passing it:

• Take the compulsory training with a recognized training provider;
• Pass the second AMF exam;
• Successfully complete the 12-week probationary period;
• Submit an application for a representative’s certificate before the validity of their exams expires. If the validity of their exams expires during their probationary period, they have 30 days from the end of their probationary period to apply.

Example

On February 15, 2022, a candidate passed only one of the two AMF exams:

• She passed exam 16-116: Set up an ethical professional practice in compliance with the rules governing mortgage brokerage
• She failed exam 16-611: Complete a mortgage brokerage transaction suited to the client’s situation and needs

Since the exam the candidate passed is valid for a period of two years, i.e., until February 15, 2024, the candidate must do the following before the validity of the exam expires:

• Take the compulsory training for exam 16-611;
• Pass exam 16-611;
• Successfully complete the probationary period.
• Apply for a representative’s certificate. If the validity of the first exam the candidate passed expires during the probationary period, the application must be received at the AMF within 30 days following the candidate’s probationary period.