67. The recognition of a legal person, partnership or other entity is subject to the discretion of the Authority.
The Authority shall exercise its discretion in the public interest. Recognition must, in particular, secure effective supervision of the financial industry in Québec, promote the development and soundness in the operation of the financial industry and foster the protection of the public.
2002, c. 45, s. 67; 2004, c. 37, s. 90.