Fintech
The AMF wishes to respond to innovation in the financial industry while protecting consumers and promoting confidence in the markets by:
- Keeping up to date with technological innovations applied to finance.
- Working to maintain a regulatory framework adapted to market realities.
As an active and influential player in Québec’s fintech ecosystem, the AMF closely monitors developments in the sector to identify potential issues related to the existing regulatory framework and to help address them through innovative approaches.
Technological Innovation Advisory Committee
In particular, the AMF created the Technological Innovation Advisory Committee, made up of individuals from across Québec’s fintech ecosystem—start-ups, investment firms and financial institutions— to consider topics related to digital transformation.
Roles and responsibilities of committee members
- Help identify and analyze trends and issues related to technological innovation in Québec’s financial sector
- Comment on initiatives and projects put forward by the AMF or other regulatory authorities
If you are interested in joining the committee, please respond to one of the calls for candidates that are issued from to time.
Laboratory
To fully carry out its regulatory role in a digital environment, the AMF has created a laboratory to help further its knowledge in innovative technologies and data science.
Testing and developing protypes in the laboratory not only furthers our understanding of innovative technologies used in the industry, but also helps us identify ways we might apply those technologies in our own activities.
The laboratory works on projects such as data analysis, artificial intelligence models and quantum computers. It is also working to create and consolidate links with universities and other external organizations.

Media Centre
AMF Publications on Digital Transformation
AI in the financial sector

CSA Staff Notice 11-348, Applicability of Canadian Securities Law to the Use of Artificial Intelligence Systems in Capital Markets
On December 5, 2024, the CSA published Staff Notice 11-348, which provides clarification and guidance on how securities legislation applies to the use of AI systems by capital market participants. In addition, CSA staff are posing questions to gather feedback on the evolving role of these systems and whether current supervisory and regulatory approaches should be adapted or modified considering developments in this area.

Issues and Discussion Paper - Best practices for the responsible use of AI in the financial sector
To provide a basis for open dialogue about the opportunities and impacts associated with the use of artificial intelligence in the industry, this document presents 30 best practices for the responsible use of AI in the financial sector.

Artificial intelligence in finance: recommendations for its responsible use
The AMF has decided to initiate a serious dialogue about the responsible use of AI in the financial industry. To assist it in meeting this challenge, the AMF sought input from Marc-Antoine Dilhac, Associate Professor of Ethics and Political Philosophy at the Université de Montréal.

Insights into the risks and benefits of digital financial services for consumers
This issues paper was prepared in collaboration with Maya Cachecho This link will open in a new window, professor at the University of Montréal’s Faculty of Law, and Sandrine Prom Tep
This link will open in a new window, professor in the Marketing Department of the University of Québec at Montréal’s School of Management. The report presents key fundamental trends, the AMF’s findings and observations and issues related to digital financial services.

Digital transformation maturity of financial institutions operating in Québec
Find out where financial institutions are in their digital transformation journey in terms of strategy, customer experience, operations, culture and technology, and get insights into global digital maturity trends.
Consult the document (pdf - 2 MB)This link will open in a new windowUpdated on November 5, 2020

Strategic Financial Education, Outreach and Research Partnerships Program
The main goal of the AMF’s Strategic Financial Education, Outreach and Research Partnerships Program is to develop partnerships or support innovative projects that address current or emerging issues and specific needs related to the AMF’s mission.