Announcements
Results 11 - 20 of 1046
Further protecting P&C insurance consumers
Reports
Property and Casualty and General Insurance
All
Ontario’s financial services regulator, FSRA, is releasing its property and casualty (P&C) insurance market conduct supervision strategic plan (SSP). Under the SSP, FSRA will identify and assess risks to better protect consumers and maintain public confidence in the sector. This approach will allow
FSRA imposes administrative penalty and imposes conditions on mortgage broker licence of Renkai Lin and suspends the mortgage brokerage licence of ZK Financial Inc.
Enforcement Actions
Mortgage Brokering
All
Ontario’s financial services regulator, FSRA, has issued Orders imposing an administrative penalty of $6,000 against Renkai Lin (“Lin”), imposing a condition on Lin’s mortgage broker licence, and suspending the mortgage brokerage licence of ZK Financial Inc. (“ZK Financial”) for a period of 2 months
Pension plans resilient in the face of global economic volatility
Reports
Pensions
For Industry
Ontario’s financial services regulator (FSRA) has released its Q1 2025 Solvency Report for Defined Benefit Pension Plans, covering the period January 1, 2025, to March 31, 2025, revealing a median solvency ratio of 119 per cent – down three percentage points from the previous quarter. Due to the
FSRA concludes licensing enforcement action against Daumier Financial Services Inc., 1000532009 Ontario Ltd., Carmen Munoz Gutierrez, Ana Huang Yu, Andres Antonio Hernandez Silva, Maylin Rodriguez Perez, and Michael Lue
Enforcement Actions
Life and Health Insurance
All
Ontario’s financial services regulator, FSRA, revoked the licences of Daumier Financial Services Inc. (Daumier Financial), Carmen Munoz Gutierrez (Munoz Gutierrez), and Andres Antonio Hernandez Silva (Hernandez Silva). FSRA has also refused to issue a licence to 1000532009 Ontario Ltd. FSRA
Pension update – June 12, 2025
Pension update
Pensions
All
On this page Welcome message FSRA reports Q1 2025 Solvency Report Second annual Sector Overview and Activities Report Pension Benefits Guarantee Fund Report New information and processes Retroactive adverse amendments update Updates and reminders Family Law update Protecting consumers and plan
Consumers beware: these businesses are not registered credit unions in Ontario
Warnings
Credit Unions and Caisses Populaires
All
The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers that businesses using the names Woodbridge Credit Union, Finch Credit Union and E-mobile Swift Credit Union are not registered credit unions in Ontario. We encourage consumers to be careful if contacted by anyone
Consumers beware of fake FSRA invoices
Announcements
Cross Sector
All
It has come to our attention that consumers are receiving fake invoices using the FSRA logo and mailing address. These invoices ask for a cash e-transfer using a private email address. FSRA will never request an e-transfer. This means that if you receive a request to e-transfer money to FSRA, it’s
Mortgage Brokering – News you need, volume 8
Newsletters
Mortgage Brokering
All
On this page Welcome Mortgage professionals: change is coming that will affect you Being honest and operating with integrity is paramount I’ve been selected for a FSRA examination—now what? Need to know: how to document a suitability assessment Keep good records to protect your reputation Tarion new
Minister of Finance approves FSRA’s Total Cost Reporting Rule
Rules
Life and Health Insurance
All
Ontario’s financial services regulator, FSRA, is taking steps to better protect and inform consumers who own individual variable insurance contracts (segregated fund contracts). FSRA’s Board-approved Total Cost Reporting Rule was approved by the Minister of Finance on June 3, 2025. Once effective
FSRA Highlights, June 2025
Newsletters
Cross Sector
All
We are pleased to send you the June summary of key activities from the Financial Services Regulatory Authority of Ontario (FSRA). The newsletter is designed to help you quickly review key initiatives during the past month. Our goal is to provide you with relevant communications and information to