Summary of Oversight and Regulatory Activities

The AMF invites Québec companies that seek to raise capital through the markets, as well as their advisers, to read the Summary of Oversight and Regulatory Activities prepared by the Direction principale du financement des sociétés (“AMF Corporate Finance”). It includes information on the main deficiencies identified in the continuous disclosure and financing documents of companies as well as examples of corrected information. The Summary also provides data on distributions made by Québec companies, addresses certain issues and oversight challenges brought on by technological innovations and presents the main regulatory initiatives and topics of interest that the AMF will focus on with respect to corporate finance.

• Summary of Oversight and Regulatory Activities - June 2023 (pdf - 6 MB)This link will open in a new windowUpdated on June 15, 2023Summary of Oversight and Regulatory Activities 2023
• Summary of Oversight and Regulatory Activities - June 2022 (pdf - 3 MB)This link will open in a new windowUpdated on June 14, 2022This is the fifth edition of the summary. Since the publication of the last edition in September 2020, and in the wake of a protracted pandemic that has placed significant pressure on our resources, we have decided to present information on the basis of the calendar year rather than the AMF’s fiscal year of April 1 to March 31.
• Summary of Oversight and Regulatory Activities - September 2020 (pdf - 1 MB)This link will open in a new windowUpdated on September 23, 2020DEVELOPMENT, IMPLEMENTATION and OVERSIGHT of the application of guidance and regulations related to securities distributions, mergers and acquisitions, and ongoing requirements for reporting issuers in Québec
• Summary of Oversight and Regulatory Activities - September 2019 (pdf - 4 MB)This link will open in a new windowUpdated on September 18, 2019THE DIRECTION PRINCIPALE DU FINANCEMENT DES SOCIÉTÉS (“CORPORATE FINANCE”) IS RESPONSIBLE FOR ENSURING THAT INVESTORS ARE PROTECTED AND MARKETS OPERATE EFFICIENTLY.
• Summary of Oversight and Regulatory Activities - September 2018 (pdf - 2 MB)This link will open in a new windowUpdated on September 19, 2018The Direction principale du financement des sociétés (“Corporate Finance”) is responsible for ensuring that investors are protected and markets operate efficiently.
• Summary of Oversight and Regulatory Activities - September 2017 (pdf - 5 MB)This link will open in a new windowUpdated on September 13, 2017

Continuous Disclosure Review Program (CDR Program)

Activity Report

This report is intended primarily for issuers headquarted in Québec that are subject to the Securities Act, as well as their auditors and legal advisers. It includes observations as to the quality of financial disclosures filed by Québec-based public companies. The report's recommendations and comments stem from analyses of various continuous disclosure documents filed with the AMF within the framework of the CDR Program.

• 2016 Activity Report (pdf - 1 MB)This link will open in a new windowUpdated on September 8, 2016Rapport d’activité
• 2015 Activity Report (pdf - 275 KB)This link will open in a new windowUpdated on September 21, 2015Rapport d’activité anglais
• 2014 Activity Report (pdf - 376 KB)This link will open in a new windowUpdated on September 10, 2014Activity Report
• 2013 Activity Report (pdf - 899 KB)This link will open in a new windowUpdated on October 8, 2013Activity Report
• 2012 Activity Report (pdf - 472 KB)This link will open in a new windowUpdated on October 2, 2012report

Documents

• Oversight Review Report of Investment Dealers Association of Canada – Québec District (pdf - 314 KB)This link will open in a new windowUpdated on March 31, 2011 
  2009
• Oversight Review Report of Investment Dealers Association of Canada (IDA) (pdf - 508 KB)This link will open in a new windowUpdated on January 14, 2008
  2008