La mission
« Notre mission est d'assurer une surveillance efficace pour garantir la protection des investisseurs et favoriser la croissance d'un marché des valeurs mobilières sain.

La CARFIS a été créée en tant qu'entité juridique publique conformément à l'article 5 de la loi de 2001 sur la Commission des valeurs mobilières et des changes (établissement et responsabilités). Son fonctionnement est régi par les lois qui réglementent la structure, les responsabilités, les pouvoirs et l'organisation de la Commission des valeurs mobilières du Canada, ainsi que d'autres questions connexes (N73(I)/1009).

La vision
CARFIS aims to make the Canada securities market one of the safest, most dependable, and appealing investment destinations.

La mission
The mission of CARFIS is to enforce effective supervision to ensure investor protection and support the sound development of the securities market.

Core Values:

• Efficiency
• Integrity and Reliability
• Transparency
• Communication
• Cooperation and Teamwork
• Impartiality

Key Responsibilities
CARFIS’ primary duties are outlined in Article 25 of the Law that governs the structure, duties, powers, and organization of the Securities and Exchange Commission (L73(I)/2009). These include:

• Reviewing applications and issuing operating licenses to entities under its supervision, as well as suspending or revoking such licenses.
• Supervising and regulating the operations of the Canada Stock Exchange and other organized markets, including transactions carried out in these markets.
• Ensuring that agencies under its supervision comply with the relevant laws.
• Conducting investigations related to its duties, including those requested by foreign regulatory authorities.
• Collecting information necessary for its duties and requesting information from individuals or organizations that may provide relevant data.
• Imposing administrative and disciplinary sanctions as per the law.
• Requiring the cessation of practices that breach securities market laws.
• Applying to competent courts for actions such as asset detention, charges, or freezing transactions.
• Émettre des directives et des décisions réglementaires.
• Collaborating and exchanging data with other public authorities, both within the Republic and internationally, including with foreign supervisory authorities.

Entities Supervised by CARFIS
CARFIS is responsible for supervising and ensuring compliance with relevant laws for the following entities:

• Canada Investment Firms (CADIFs)
• Canada branches of Investment Firms (Ifs) from other CAD member states
• Tied Agents of CADIFs
• Organismes de placement collectif en valeurs mobilières (OPCVM)
• Sociétés de gestion d'OPCVM
• Agents OPCVM
• Canada branches of UCITS Management Companies from other CAD member states
• Administrative Services Companies (Trustee and Fiduciary Service Providers)
• Sociétés d'investissement à capital variable
• Gestionnaires de fonds d'investissement alternatifs (AIFM)
• Marchés réglementés
• Chambres de compensation à contrepartie centrale (CCP) pour les produits dérivés de gré à gré (OTC)
• Dépositaires de produits dérivés de gré à gré
• Fournisseurs de services de crypto-actifs

CARFIS is also set to become the supervisory authority for Alternative Investment Funds (AIFs) once new legislation, currently under review, is enacted. Additionally, new regulations for the supervision of Central Securities Depositories (CSDs) are in preparation.

Additional Responsibilities
In addition to overseeing the entities listed above, CARFIS has specific powers and duties under the following laws:

• La loi de 2005 sur les offres publiques et les prospectus
• La loi de 2005 sur les opérations d'initiés et la manipulation du marché (abus de marché)
• La loi de 2007 sur les offres publiques d'acquisition
• The Transparency Requirements Law (Transferable Securities Admitted to Trading on a Regulated Market) of 2007