The formal recognition of the Chambre de l’assurance as a self-regulatory organization (SRO) by the Autorité des marchés financiers (AMF) took effect on July 4, 2026.
The merger of the ChAD and the CSF resulted in the transfer of oversight of Quebec’s mutual fund representatives to the Canadian Investment Regulatory Organization (CIRO), and of scholarship plan representatives to the Autorité des marches financiers.
The very first annual general meeting of the members of the Chambre de l’assurance was held on April 21, 2026.
A little history
In 1905, insurance representatives created the first association to promote good business practices among its members. Numerous associations and organizations have followed over the years.
It was not until 1998, following the adoption of the Act respecting the distribution of financial products and services (ADFPS), that the ChAD and the CSF came into being. This law, spearheaded by Bernard Landry, Quebec’s Minister of Finance at the time, entirely restructured the regulatory framework for the sector.