May 18, 2018 10:45
Photo : Freepik
Thefinancial markets Authority has established an advisory committee composed only of the representative in financial services to address issues relating to their practice. Louis Morisset, president and general manager of the Authority, stressed that the initiative is in line with the plan strategy 2017-2020 of the regulator.
The committee will be composed of 15 external members from the sectors of property and casualty insurance, personal insurance, financial planning and expertise in the settlement of claims. The call for nominations will be launched on the 25th of may next.
“By bringing together industry representatives in a committee whose work will be focused on their practice, we will ensure that we consolidate an open and constructive dialogue to the benefit of consumers and the industry,” he explains.
The mandate of the members of the committee will, in particular, to discuss with representatives of the Authority on many topics, including the practices of distribution of insurance products and services, and financial planning. The representatives will also be invited to share their experience of practice, their concerns and their opinions on issues affecting the industry.
“The additional light provided by the committee will be to ensure coaching and development regulatory modern, responsive, and inspired by the best practices “, adds Frédéric Pérodeau, superintendent of the assistance to clients and the supervision of the distribution.