AMF adjusts its annual and other fees
Securities Insurance Deposit Insurance Public Contracts Money-Services Businesses
Montréal – As of January 1, 2017, the annual and other fees payable under the laws administered by the Autorité des marchés financiers (the “AMF”) will be adjusted.
The adjusted fees are set out in three notices to be published in Part 1 of the Gazette officielle du Québec
This link will open in a new window and in section 1.1 of the AMF Bulletin dated December 15, 2016 (Vol. 13, No. 50). These adjusted fees are also on the AMF website This link will open in a new window under Fees and costs payable to the AMF.
Fees prescribed in the laws and regulations below are adjusted by operation of law on January 1 of each year pursuant to the Financial Administration Act. Indexation corresponds to the annual change in the overall average Québec consumer price index without alcoholic beverages and tobacco products for the 12-month period ending on 30 September 2016.
- An Act respecting the distribution of financial products and services
Fees in respect of the examination of a distribution guide prescribed in the Regulation respecting distribution without a representative
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Fees payable under Chapter II of Title VI of the Securities Regulation will be adjusted by 0.74% as of January 1, 2017.
- An Act respecting insurance, Deposit Insurance Act, An Act respecting trust companies and savings companies, An Act respecting financial services cooperatives
Fees payable under the Regulation under the Act respecting insurance, the Regulation respecting the application of the Deposit Insurance Act, the Regulation under the Act respecting trust companies and savings companies and the Tariff of fees exigible under the Act respecting financial services cooperatives will be adjusted by 0.74% as of January 1, 2017.
- Derivatives Act
Fees payable under the Tariffs for costs and fees payable in respect of derivatives will be adjusted by 0.74% as of January 1, 2017.
The fees payable below are adjusted based on the rate of increase in the general Consumer Price Index (CPI) for Canada for the period ending September 30, 2016.
- An Act respecting the distribution of financial products and services
Fees payable under the Regulation respecting fees and contributions payable
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Fees and tariffs payable under the Regulation respecting fees and tariffs payable under the Money-Services Businesses Act will also be adjusted by 1.3% as of January 1, 2017.
- An Act respecting contracting by public bodies
Fees payable under the Fee related to an application for authorization filed by an enterprise with the Autorité des marchés financiers for public contracts and subcontracts
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- Voluntary Retirement Savings Plans Act
Fees and costs payable under the Regulation respecting fees and costs payable for the issuance of an authorization under the Voluntary Retirement Savings Plans Act
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The Autorité des marchés financiers (the “AMF”) is the regulatory and oversight body for Québec's financial sector.
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