Agency overview | |
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Formed | 1998 |
Jurisdiction | Canadian province of Quebec |
Headquarters | Québec, Canada |
Agency executive |
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Website | www |
The Chambre de la sécurité financière (English: Chamber of Financial Security) is the self-regulatory organization for representatives subject to Autorité des marchés financiers (Québec) distributing financial products and services, and Financial Planners of Quebec (Canada).
The reason of being of CSF is to ensure the integrity and professionalism of its members by maintaining discipline and by ensuring the training and supervision of its members.
The CSF supervises about 32,000 members who have ethical obligations. Those subjects to the CSF must take care of the interests of their clients and establish a relationship of trust with them in their consulting services. In their approach, they must know their client well and make the right diagnosis on their financial health. They must identify the specific needs of their clients, address their concerns and issues; in addition, they help them make good decisions in the choice of financial products and services and in their implementation.
The "Info-Déonto" application on the CSF website informs the public about the ethical standards and obligations that financial products professionals must comply with. The Public Protection section of the site is also specifically designed to guide the consumer in establishing a healthy relationship with a member of the CSF.
This organization was incorporated in 1998 by the "Act respecting the distribution of financial products and services" (RSQ, c. D-9.2). It is vested with the same powers as any Professional Order created under the Professional Code of Quebec (L.R.Q., c. C-26). More specifically, its mission is "to ensure the protection of the public by maintaining discipline and by ensuring training and professional ethics" of its members.
Its members are:
For example, the "Chambre de la sécurité financière" (Chamber of Financial Security) brings together all professionals in the Quebec financial sector (except: securities representatives) with its counterpart, the Chambre de l'assurance de dommages (Québec) (Chamber of Damage Insurance), whose members are "damage insurance agents", "damage insurance brokers" and claims adjusters.