AMF announces the implementation of CIRO’s expanded registration functions

Montréal, June 26, 2025 – Effective July 1, 2025, the Autorité des marchés financiers (AMF) will delegate additional registration functions, including the registration of investment dealers, mutual fund dealers, derivatives dealers and persons acting on their behalf, to the Canadian Investment Regulatory Organization (CIRO) (delegation of power).

This delegation of registration functions to CIRO will harmonize registration processes for CIRO members nationwide.

“In addition to establishing a consistent and harmonized approach to registration, this delegation of power to CIRO will enhance efficiencies and reduce the regulatory burden by providing CIRO members with a single and centralized registration process. This initiative will allow the AMF to focus on developing regulatory policy, addressing novel issues and granting discretionary exemptive relief applications,” said Yves Ouellet, AMF President and CEO. "The AMF and CIRO are actively cooperating to ensure a seamless transition.”

“CIRO, like all other regulators, has a responsibility to deliver regulation efficiently and effectively and remove duplication” said Andrew J. Kriegler, CIRO President and CEO. “The AMF’s decision to delegate additional functions to CIRO supports our strategic objective to deliver a more effective and harmonized registration framework.”

Additional information about the delegation of registration functions for Québec can be found on the AMF website.

About the Autorité des marchés financiers

In its role as regulator, the Autorité des marchés financiers acts to maintain a financial sector that is dynamic, operates with integrity and warrants public confidence. It regulates, in whole or in part, activities in the following sectors: insurance, securities and derivatives, distribution of financial products and services, deposit institutions, mortgage brokerage and credit assessment.

About CIRO

The Canadian Investment Regulatory Organization (CIRO) is the national self-regulatory organization that oversees all investment dealers, mutual fund dealers and trading activity on Canada’s debt and equity marketplaces. CIRO is committed to the protection of investors, providing efficient and consistent regulation, and building Canadians’ trust in financial regulation and the people managing their investments. For more information, visit www.ciro.ca.

Further Information

For media only:

Kate Morris
Senior Corporate Communications and Public Affairs Specialist
416-779-8301
[email protected]

Sylvain Théberge
514-940-2176 
[email protected]