The Autorité des marchés financiers has issued amended capital requirement guidelines for insurers and financial services cooperatives.

The revised Minimum Capital Test and Capital Adequacy Requirements are applicable for financial periods beginning on or after January 1.

The capital adequacy base guideline is also applicable for financial periods beginning on or after January 1. However, base guideline intended for credit unions that are not members of a federation is applicable beginning on or after Oct. 31, 2006.