Last period in effect with the OACIQ - surplus or missing PDUs

Surplus PDUs

Any additional continuing education units (CEUs) accumulated with the OACIQ were not transferred to the AMF. Therefore, the number of PDUs you need to complete for the period from May 1, 2020 to April 30, 2022 cannot be reduced.

For example:

• A mortgage broker who had accumulated 13 CEUs at April 30, 2020 instead of the 9 CEUs required by the OACIQ cannot have the number of PDUs to be accumulated with the AMF reduced by 4 PDUs. He or she must complete 24 PDUs according to the AMF’s requirements.

Missing PDUs 

Any missing CEUs under the OACIQ cycle will be added to the total PDUs to be accumulated with the AMF. Consequently, a mortgage broker who did not accumulate the nine (9) CEUs required by the OACIQ for the reference period from May 1, 20190 to April 30, 2022 must obtain the PDUs corresponding to the missing CEUs in addition to the PDUs required for the current reference period. The number of PDUs required takes into account any exemptions that may have been granted.

For example:

• A mortgage broker who accumulated 6 of the 9 CEUs required by the OACIQ at April 30, 2020 will have to accumulate a total of 27 PDUs with the AMF. He or she must obtain the 24 PDUs required by the AMF plus the 3 PDUs corresponding to the 3 missing CEUs needed to meet the OACIQ’s requirements.
• A responsible officer in mortgage brokerage who did not accumulate the twelve (12) CEUs required by the OACIQ during the reference period beginning on May 1, 2019 must obtain the missing CEUs in addition to the PDUs required for the current reference period. The number of required PDUs takes into account any exemptions that may have been granted.

Surplus PDUs for a reference period

If you accumulate more than the 24 PDUs required, the AMF will automatically carry over 6 PDUs to the following period. However, the PDUs carried over may only be for activities pertaining to general subjects.

During each reference period, mortgage brokers must obtain 3 PDUs pertaining specifically to compliance with standards, ethics and professional conduct or professional practice. None of the 3 compulsory specific PDUs is eligible to be carried over.

If you are also certified in another sector governed by the Act respecting the distribution of financial products and services This link will open in a new window (Distribution Act), a training activity may count for more than one sector.

The training activity may be recognized simultaneously by the AMF in the mortgage brokerage sector and by one of the two Chambres (Chambre de la sécurité financière or Chambre de l’assurance de dommages) or the Institut québécois de planification financière (IQPF).

Each organization is responsible for administering its own professional development rules.

After a professional development provider has been recognized, the participation of all the brokers taking part in a previously recognized professional activity must be declared by the professional development provider every time the activity is delivered. The declaration is used to award the PDUs recognized for the professional development activity.

The declaration must be made by submitting an application to disclose a professional development activity via E-Services within 72 hours following delivery of the activity.

The application to disclose a professional development activity allows providers to declare the participation of each broker or by importing the participants using this template (xlsx - 91 KB)This link will open in a new windowUpdated on January 24, 2024. 

You may apply for recognition of a training activity attended by you but not previously recognized by the AMF. The AMF will recognize the activity if it is actually relevant and meets the recognition criteria. This recognition will be valid only for the applicant, not for all the participants.

Any training activity held outside Canada will not be recognized.

To confirm the recognition of a training activity taken in a personal capacity, you must submit the Application for recognition – Personal training activity – Professional development program in mortgage brokerage (pdf - 182 KB)This link will open in a new windowUpdated on November 24, 2020Reconnaissance d'activité de formation personnelle en courtage hypothécaire. form (French only).

Please refer to the Guide for mortgage brokers and responsible officers (pdf - 367 KB)This link will open in a new windowUpdated on July 5, 2022Compulsory professional development in mortgage brokerage – Guide for mortgage brokers and responsible officers (2020-2022) for more information.

If you are registered for AMF E-Services, you must:

1. Log in to E-Services;
2. Under the “Insurance, F. Pl. and Mortgage Brokerage” menu, select “PDU record in mortgage brokerage”;
3. Select “Have a personal training activity recognized” from the dropdown list;
4. Validate the identification information;
5. Attach the “Application for recognition of a personal training activity in mortgage brokerage (pdf - 182 KB)This link will open in a new windowUpdated on November 24, 2020Reconnaissance d'activité de formation personnelle en courtage hypothécaire” (in French only) form and one of the following supporting documents:
   1. Distance training, in-class, university-level training, college-level training
      1. Detailed course plan
      2. Official registration for course taken
      3. Certificate of participation or attestation of successful completion (official transcript)
   2. Videoconference, symposium, conference, convention, seminar, webinar
      1. Registration confirmation and receipt
      2. Official certificate of participation
6. Pay the required fee for an application for recognition indicated in the Regulation respecting fees and contributions payable This link will open in a new window.
7. Confirm the declaration regarding the information provided and submit the application
8. You will receive a confirmation of submission and your application number

If you are not registered for AMF E-Services, you must send your form by mail.Forms sent to the AMF by e-mail or by fax will not be accepted.

If you are a mortgage broker and you want to have college or university courses recognized for the purpose of earning PDUs, you must submit an application to the AMF entitled “course recognition for PDUs” and attach your official transcripts.

• If you are registered for AMF E-Services, you must:
  • Log in to E-Services
  • Validate the identification information
  • Select “Other applications/requests”
  • Select “Other applications/requests – Qualification”
• If you are not registered for E-Services, you must send your application by e-mail.

The training taken must comply with the recognition criteria set out in the Guide for mortgage brokers and responsible officers. (pdf - 367 KB)This link will open in a new windowUpdated on July 5, 2022Compulsory professional development in mortgage brokerage – Guide for mortgage brokers and responsible officers (2020-2022)

If, as a mortgage broker, you act as a trainer for a professional development activity recognized by the AMF, you will accumulate twice the number PDUs awarded for the training activity.

You may accumulate these PDUs only once per reference period, even if you give this training more than once.

An organization that wishes to act as a provider of professional development activities must:

1. Submit an application for recognition as a provider of professional development activities. The form for this application is in the forms for trainers section. Please send it to us at the address shown on the form. For information about recognition requirements, please refer to the  Guide for professional development activity providers (pdf - 499 KB)This link will open in a new windowUpdated on July 5, 2022Compulsory professional development in mortgage brokerage – Guide for professional development activity providers.
2. Register for AMF E-Services through clicSÉQUR or, if you are an organization that does not have a Québec Enterprise Number (NEQ), outside clicSÉQUR.
3. Submit an application for recognition of a professional development activity for each professional development activity that is wishes to give.

For information about recognition requirements for professional development activities, please refer to the Guide for professional development activity providers (pdf - 499 KB)This link will open in a new windowUpdated on July 5, 2022Compulsory professional development in mortgage brokerage – Guide for professional development activity providers.

If you are registered for AMF E-Services, you must:

1. Log in to E-Services;
2. Under the “Insurance, F. Pl. and Mortgage Brokerage” menu, select “PDU record in mortgage brokerage”;
3. Select “Application for an exemption” from the dropdown list;
4. Validate the identification information;
5. Attach the Application for an exemption from professional development obligations – Mortgage brokerage (pdf - 146 KB)This link will open in a new windowUpdated on January 1^st, 2024Application for an exemption from professional development obligations - Mortgage brokerage form and one of the following supporting documents:
   1. A document from the parental insurance plan including the periods which the representative receives parental insurance benefits
   2. Document evidencing caregiver status;
   3. Medical proof.
6. Pay the required fee for an administrative task indicated in the Regulation respecting fees and contributions payable This link will open in a new window;
7. Confirm the declaration regarding the information provided and submit the application;
8. You will receive a confirmation of submission and your application number.