Corporate Reporting

FSRA COVID-19 Updates

PENSIONS – 05/22/2020 – Updates to the Pension Sector Emergency Management Response Guidance – The Pension Sector Emergency Management Response Guidance previously issued on April 24, 2020 is now updated to reflect the Government of Ontario’s amendment to Regulation 909 and information on the impacts of COVID-19 market shocks as a plausible adverse scenario on funding valuation reports. Read more…

PENSIONS – 05/22/2020 – Limitations on Commuted Value Transfers and Annuity Purchases (DB Pension Plans) – We have issued new guidance on transferring commuted values and purchasing annuities when a pension plan’s transfer ratio has declined since the most recently filed valuation report by 10% and is now below 0.9. Read more…

MORTGAGE BROKERING SECTOR – 5/11/2020 – FSRA increases protections for consumers of mortgage-based investments – FSRA is launching new guidance to increase protections for consumers during periods of market volatility and disruption, such as the current COVID-19 pandemic. Read more…

PENSIONS – 4/28/2020 – Important Service Update for Pension Plans – In response to COVID-19, our Pension Officers are working remotely. Here is how you can reach them. Read more….

View all updates

Reporting and Accountability

FSRA is a board-governed regulatory agency accountable to the people of Ontario through the Ontario Ministry of Finance. We are committed to transparency in all aspects of governance, management, administration and operations.

Each year, FSRA is required to submit a business plan to the Minister of Finance. Our approved plan for 2019/20:

Business Plan 2019-2022

Members of both the public, and industries we govern, can find documents related to our accountability below. These are offered in compliance with the Agencies and Appointments Directive.

Expense Reporting

This section lists the travel, meal and hospitality expense claims of FSRA’s CEO and senior executives. The information is published quarterly for FSRA’s fiscal year, April 1 to March 31.

FSRA follows the Ontario Travel, Meal and Hospitality Expenses Directive. For addition information on the public disclosure of Travel, Meal and Hospitality Expenses, visit the Ontario government’s website, www.ontario.ca.

Travel, meal and hospitality expense claims listed by quarter

Burden Reduction

Since its launch, the Financial Services Regulatory Authority of Ontario (FSRA) has taken significant steps towards regulatory transformation that will reduce regulatory burden and protect the public interest.

Here are the initial results: Burden Reduction Progress Update (March 2020)

Current Annual Report

To request a printed copy of any of the publications above, please send an email or call: 1-800-668-0128 or 416-250-7250.

Previous Annual Reports

FSRA Annual Report: 2017-2018

DICO Annual Report

FSCO Annual Report

Requests under the Freedom of Information and Protection of Privacy Act

In accordance with the Freedom of Information and Protection of Privacy Act (FIPPA), members of the public have the right to request information from public sector organizations in Ontario.