Adjustment Notice – 2019

In accordance with section 83.7 of the Financial Administration Act This link will open in a new window (chapter A-6.001), the Minister of Finance is hereby publishing the results of the adjustment for 2019 of the fees set by the Government under the above-cited regulations for the public services offered pursuant to the laws administered by the Autorité des marchés financiers.

Under section 83.3 of the Financial Administration Act This link will open in a new window, these fees are adjusted by operation of law on 1 January of each year by a rate corresponding 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 of the year preceding the year for which the fee is to be adjusted. The rate corresponding to this annual change for the 12-month period ended 30 September 2018 is set at 1.71% and is published on the website of the Ministère des FinancesThis link will open in a new window and in the Gazette officielle du Québec of 15 December 2018 (2018, G.O. 1, 829).

The adjusted fees are rounded off in accordance with the Regulation respecting the rounding off of adjusted feesThis link will open in a new window (chapter A-6.001, r. 0.1).

Therefore, as of 1 January 2019, the adjusted fees are those appearing below.

List of annual fees and other fees payable under An Act respecting the distribution of financial products and services

The Regulation respecting distribution without a representative This link will open in a new window, chapter D-9.2, r. 8, made under An Act respecting the distribution of financial products and services, chapter D-9.2, prescribes the following fees in particular in respect of the examination of a distribution guide.

Description

2019

Examination of a distribution guide filed by an insurer (sec. 11 This link will open in a new window par.1)

$1,135

Each additional hour of analysis of the guide (for any period exceeding 10 hours of analysis) (sec. 11 This link will open in a new window par.2)

$135

Analysis of any amendment to the distribution guide filed by an insurer (hourly fee) (sec. 12 This link will open in a new window)

$135

Extension of time period granted under section 416 of the Act (Sec. 13 This link will open in a new window)

$284

Pursuant to section 23 of the Regulation respecting fees and contributions payable  (chapter D-9.2, r. 9) made under the Act respecting the distribution of financial products and services (chapter D-9.2), annual and other fees payable in connection with professional practice are adjusted on 1 January 2019 in accordance with the rate of increase in the general consumer price index (CPI) for Canada for the period ending on 30 September 2018, namely, 2.2%.    

List of annual fees and other fees payable

Division I: Annual fees

Description

2019

Issuance or renewal of a representative's certificate for each sector or sector class in which a representative is authorized to act (sec. 1 This link will open in a new window)

$94

Register as a firm or an independent partnership and to maintain such registration annually per sector for each representative through which the firm or independent partnership pursues or intends to pursue activities (sec. 2 This link will open in a new window)

$94

Register as an independent representative and to maintain such registration annually per sector or sector class in which the representative is authorized to act (sec. 3 This link will open in a new window)

$94

Division II: Other fees payable

Description

2019

File examination of a candidate (sec. 6 This link will open in a new window)

$38

File examination of a representative (sec. 6 This link will open in a new window)

$39

Application for recognition of equivalence of minimum qualifications (sec. 6.1 This link will open in a new window)

$38

Application for recognition of a privately tutored course (sec. 6.2 This link will open in a new window)

$219

Aapplication for recognition of group insurance of persons courses provided by a training body not subsidized by the ministère de l’Éducation, du Loisir et du Sport [sic] (sec. 6.3 This link will open in a new window par. 1)

$219

Application for recognition of a training program not subsidized by the ministère de l’Éducation, du Loisir et du Sport [sic] (cost per course) (sec. 6.3 This link will open in a new window par. 2)

$219

Analysis of additional documents related to an application for recognition of a training program not subsidized by the ministère de l’Éducation, du Loisir et du Sport [sic] (cost per hour) (sec. 6.3 This link will open in a new window par. 2)

$109/h

Application to analyze the qualifications of a supervisor (sec. 6.4 This link will open in a new window)

$38

Any other file examination payable by a firm, an independent representative or an independent partnership (sec. 7 This link will open in a new window)

$52

Reprinting of a certificate (sec. 8 This link will open in a new window)

$44

Official attestation of the issuance of a certificate or registration (sec. 9 This link will open in a new window)

$87

Examinations prescribed by the AMF to determine eligibility (sec. 10 This link will open in a new windowpar. 1-3)

$73

Examinations prescribed by the AMF to register for the examinations in each sector (sec. 10 This link will open in a new window par. 1-3)

$146

Examinations prescribed by the AMF for each application to review examination results (sec. 10 This link will open in a new window par. 1-3)

$44

Postpone an examination prescribed by the AMF (sec. 10.1 This link will open in a new window)

$73

Disclose information in writing to a third party with the authorization of a candidate (sec. 10.2 This link will open in a new window)

$25

Issuance of a training attestation (sec. 11 This link will open in a new window)

$31

Issuance of a probationary certificate (sec. 11 This link will open in a new window)

$31

Cost of a training manual sold by the AMF (sec. 12 This link will open in a new windowpar. 1)

$87

Cost of a manual reproducing the legislation applicable to the activities of a representative (sec. 12 This link will open in a new windowpar. 2)

$27

"NSF" cheque (sec. 15 This link will open in a new window)

$38

Printing or reproduction by the AMF of prescribed forms (cost per form) (sec. 20 This link will open in a new window)

$1