Home Breadcrumb caret Industry News Breadcrumb caret Industry Updated AMF guidance addresses online offerings, vulnerable clients New guidance includes reforms adopted under Bill 141 By James Langton | October 7, 2020 | Last updated on October 7, 2020 1 min read In an effort to enhance industry compliance, the Autorité des marchés financiers (AMF) is publishing new guidance. The AMF issued an updated version of its guidance for firms and reps that fall under the distribution legislation, which includes financial planners and insurance industry reps. Frédéric Pérodeau, superintendent, AMF client services and distribution oversight, said the guide aims to help reduce compliance burdens “by providing guidance on applicable regulatory requirements, predictability, and clarification concerning our expectations.” The guidance aims to explain the regulatory framework in plain language, clarify the AMF’s expectations and to set out good governance and compliance practices. The updated guidance incorporates financial sector reforms that were adopted under Bill 141, including new rules for offering products and services online. As well, the regulator updated its guidance for protecting vulnerable clients. James Langton James is a senior reporter for Advisor.ca and its sister publication, Investment Executive. He has been reporting on regulation, securities law, industry news and more since 1994. Save Stroke 1 Print Group 8 Share LI logo