19 July, 2018 09:45
A first member of the advisory committee on the practice of representatives of thefinancial markets Authority has been appointed. This is Anne Martel, co-chair of Martel & Martel commercial insurance and collective. Others who will serve are not known for the moment.
«Anne Martel was selected because of its profile, its expertise and its competence in the field of financial products and services governed by the Act respecting the distribution of financial products and services «, explained to Me, François Vaillancourt, an analyst expert in regulation, Management practices and distribution of SRO (agencies’autoréglementation to the Authority. Note that it also sits on the board of directors of the Chamber of damage insurance.
The checks remain to be completed
As for the other members of the committee, it is too early to reveal who they are, has pointed Me Vaillancourt the Journal of insurance. «It is currently premature to announce what are the people who have been nominated to be part of the advisory Committee on the practice of representatives, since all the checks are not yet completed. The official creation of the committee cannot delay, » he wrote.
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.