Montréal – At a press briefing this past Monday, Premier François Legault called on all businesses and organizations in Québec, except those providing essential services, to close down from Tuesday at midnight until April 13.
In response to questions raised by this announcement, we wish to inform the public and our clients that the AMF is maintaining its operations and will continue to fulfill its financial market oversight and consumer protection missions. In addition, banking and financial services, deemed essential to the public, will continue to be provided by the entities regulated by the AMF.
It is critical that all financial sector participants follow all public health recommendations, keep on-site staff to a minimum and encourage telework. Moreover, businesses and organizations that are already functioning entirely in telework mode, without needing anyone on-site at a head office, may also continue operating.
The AMF has already taken all necessary steps to maintain its operations remotely, with employees working from home, and to continue to fulfill its market regulation and consumer protection missions. In addition, our business continuity plans are being applied in such a way as to minimize the impact of the current crisis on our various clients. Monitoring has been strengthened and will continue on a structured and proactive basis with a view to meeting industry and consumer needs.
The Autorité des marchés financiers is the regulatory and oversight body for Québec’s financial sector.
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Sylvain Théberge: 514-940-2176
Québec City: 418-525-0337
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