Mission
As provided for under its incorporating legislation, the AMF's
mission is to enforce the laws governing the regulation of the
financial sector, notably in the areas of insurance, securities,
deposit institutions (other than banks) and the distribution of
financial products and services.
More specifically, the AMF's mission is to:
- provide assistance to consumers of financial products and
services, in particular by setting up consumer-oriented educational
programs on financial products and services, processing complaints
filed by consumers and giving consumers access to
dispute-resolution services;
- ensure that the financial institutions and other regulated
entities of the financial sector comply with the solvency standards
applicable to them as well as with the obligations imposed on them
by law with a view to protecting the interests of consumers of
financial products and services, and take any measure provided by
law for those purposes;
- supervise the activities connected with the distribution of
financial products and services, administer the rules governing
eligibility for and the carrying on of those activities, and take
any measure provided by law for those purposes;
- supervise stock market and clearing house activities and
monitor the securities market, in particular, by administering the
controls provided by law as regards access to the public capital
market, ensuring that the issuers and other practitioners involved
in the financial sector comply with the obligations imposed on them
by law and taking any measure provided by law for those
purposes;
-
- supervise derivatives markets, including derivatives exchanges
and clearing houses and ensure that regulated entities and other
derivatives market practitioners comply with the obligations
imposed by law; and
- see to the implementation of protection and compensation
programs for consumers of financial products and services and
administer the compensation funds set up by law.
