Organization

Montréal – The 2006-2007 Annual Report of the Autorité des marchés financiers (AMF) was tabled today in the Québec National Assembly.

Pursuant to section 42 of its constituting act, the AMF has reported on its principal activities for the fiscal year from April 1, 2006 to March 31, 2007 and on its financial statements. The Annual Report also covers the AMF’s activities related to the administration of the Deposit Insurance Act, the Securities Act and the Act respecting the distribution of financial products and services. Moreover, pursuant to section 58 of the AMF’s constituting act, the Annual Report includes the activity report of the Conseil consultatif de régie administrative (Advisory Board).

As the regulatory and oversight body for Québec’s financial sector, the AMF pursued its activities related to its mission of protecting the public: supervising the financial markets and providing assistance to consumers of financial products and services. “When the AMF was created in February 2004, we wanted to set up a regulatory body that was capable of ensuring an integrated framework for the Québec financial sector. Today, all of our activities confirm that we are solidly in place to serve financial sector participants and consumers,” said Jean St-Gelais, President and CEO of the AMF.

The 2006-2007 Annual Report (English version soon) is available on the AMF website.

The Autorité des marchés financiers (AMF) is the regulatory and oversight body for Québec’s financial sector.

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