The Quebec financial services regulator, Autorité des marchés financiers, reports that a man has been sent to prison for 10 days for violating the regulator’s order. Judge Jean-Guy Dubois of the Superior Court of Québec, district of Richelieu, allowed the request filed by the AMF and sent Michel Maheux to prison for 10 days, the […]
AMF alleges firm was late in pay registration fees
Temporary moratorium stems from consultation with industry
Quebec’s financial services regulator, the Autorité des marches financiers, is accusing Zurich Insurance Co. of violating the province’s Automobile Insurance Act.The AMF, which is bringing the case before the Court of Quebec (Criminal and Penal Division) in the judicial district of Montreal, says Zurich faces 34 counts of violating the act.Zurich is accused of, “Failing […]
AMF action follows moves by other provinces
Insurer liable for fraud committed by rep
Read the fine print first
Regulator to penalties for late filings of insider reports
Fine not sufficient, AMF says
Committee to review applications for funding