AMF Quebec, OSC and AMF France Sign Cross-Listing Agreement
Summary
AMF Quebec, the Ontario Securities Commission (OSC), and AMF France entered into a cooperation agreement to support cross-listing of securities between Canada and France. The agreement establishes a collaborative procedure facilitating dialogue and information sharing between the three securities regulators. Under the agreement, companies seeking to cross-list by prospectus must still comply with both countries' regulatory requirements and applicable exchange rules, but will receive enhanced support and assistance from the regulators throughout the prospectus review process.
“Under the agreement, Canadian and French companies seeking to cross-list their securities in France and Canada by way of a prospectus will have to comply with the regulatory requirements of both countries and applicable exchange requirements.”
What changed
The AMF Quebec, OSC, and AMF France signed a trilateral cooperation agreement establishing a new collaborative procedure for supporting initial cross-listings of securities on an exchange by way of prospectus in Canada and France. The agreement creates a framework for enhanced dialogue and information sharing between the three securities regulators during the prospectus review process. The agreement does not provide regulatory relief; companies must still comply with the regulatory requirements of both countries and applicable exchange requirements. Affected companies seeking to cross-list securities in either jurisdiction will benefit from increased support and assistance from all three regulators throughout the prospectus review process.
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AMF Québec, OSC and AMF France enter into an agreement to support cross-listing of securities in Canada and France
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AMF Québec, OSC and AMF France enter into an agreement to support cross-listing of securities in Canada and FrancePartager sur Facebook
20 April 2026)
AMF Québec, OSC and AMF France enter into an agreement to support cross-listing of securities in Canada and France
The Autorité des marchés financiers in Québec (AMF Québec), the Ontario Securities Commission (OSC) and the Autorité des Marchés Financiers in France (AMF France) entered into an agreement intended to support the initial cross-listing of securities on an exchange, by way of prospectus, in Canada and France by establishing a new collaborative procedure that will facilitate dialogue and information sharing between securities regulators in the two countries.
“Canada’s capital markets are navigating a period of rapid change shaped by global economic uncertainty,” said Yves Ouellet, President and CEO of the AMF Québec. “In this context, the AMF Québec and OSC continue supporting the competitiveness of Canada’s capital markets, keeping with the commitment taken by the Canadian Securities Administrators in April 2025.”
“Co-operation and information sharing across global jurisdictions is important to facilitate the regulation of cross-listed issuers,” said Grant Vingoe, CEO of the OSC. “This agreement is another way we can support Canadian issuers by opening up new possibilities.”
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In recent years, the AMF France has demonstrated its ability to support the attractiveness of the French capital markets, which is one of our key strategic priorities. We pursue this ambition by promoting the French vision of a financial system that is robust, resilient, innovative and competitive, attentive to investor protection and geared towards financing the economy. This agreement is of great importance and confirms both the competitiveness of the Paris financial centre and the excellent relationships we maintain with our Canadian counterparts at AMF Québec and the OSC.
Marie-Anne Barbat-Layani, Chair of the AMF France Under the agreement, Canadian and French companies seeking to cross-list their securities in France and Canada by way of a prospectus will have to comply with the regulatory requirements of both countries and applicable exchange requirements. The agreement does not provide regulatory relief. However, Canadian and French companies will benefit from increased support and assistance from the AMF Québec, OSC and AMF France throughout the prospectus review process.
About the AMF Québec
In its role as regulator, the AMF works to maintain a financial sector that is dynamic, operates with integrity and warrants public trust. 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. For more information, visit the AMF website .
About the OSC
The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available on the OSC website .
About the AMF France
The AMF is an independent public authority responsible for ensuring that savings invested in financial products are protected and that investors are provided with adequate information. The AMF also supervises the orderly operations of markets. For more information, visit the AMF website .
Press contacts
Sylvain Théberge - Autorité des marchés financiers (Québec) relationsmedias [at] lautorite.qc.ca Debra Chan Ontario Securities Commission (OSC) media_inquiries [at] osc.gov.on.ca Communications Directorate - Autorité des Marchés Financiers (AMF France) +33 (0)1 53 45 60 28 media [at] amf-france.org Keywords
- Europe & international
- Equity
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