Regulatory fees for financial services firms operating in Quebec are going up in the New Year, the Autorité des marchés financiers (AMF) announced on Friday.
For firms regulated under securities law, derivatives law and the legislation governing insurers, trust companies and co-operatives, fees are going up by 0.74% as of Jan. 1, 2017. Other fees, which are geared to the national consumer price Index (CPI) are set to rise by 1.3% in 2017.
The adjusted fees are set out in three notices to be published in the AMF’s latest bulletin and on the AMF’s website.