The Autorité des marchés financiers (AMF) has unveiled its 2020-2021 annual statement of priorities but is postponing its launch until the beginning of April 2021, to review the plan in light of COVID-19.
The annual statement spotlights the priorities the AMF has established for the current fiscal year to effectively fulfill its mission and meet the needs of Québec financial consumers and industry members.
AMF to look at five key priorities
The AMF has identified five key areas of prioritization that will give the organization the necessary flexibility to adapt and seize opportunities as circumstances evolve: consumer protection; sustained monitoring of the economic and financial environment; leadership, collaboration and cooperation in national and international forums; governance and data science; and ability to adapt to the new environment.
"The COVID-19 pandemic is causing an unprecedented shock, and responding effectively and proactively to its actual and potential impacts on consumers and Québec's financial sector is critical,” said Louis Morisset, AMF president and CEO. “We will consequently prioritize our actions based on the above themes, while preparing for new post-crisis normal and leveraging trends that are emerging in this time of profound change.”
Until the new strategic plan is completed, the AMF will continue to implement its 2017-2020 strategic plan.