Announcements

The Financial Services Regulatory Authority of Ontario (FSRA) is protecting consumers and ensuring public trust in Ontario’s financial services. We are warning consumers that Husain Yusuf Trunkwala is not licensed to conduct insurance business in Ontario. Mr. Trunkwala appears to be soliciting auto

The Financial Services Regulatory Authority of Ontario (FSRA) is protecting consumers and ensuring public trust in Ontario’s financial services. We are warning consumers that Refinance Hotline is not licensed to conduct mortgage business in Ontario. Refinance Hotline appears to be soliciting

TORONTO DECEMBER 5, 2019 - The Financial Services Regulatory Authority of Ontario (FSRA) is committed to providing effective oversight of syndicated mortgage investments, balanced with reducing regulatory burden where appropriate.

Engaging with industry partners, consumers (including pension plan beneficiaries and credit union members), and other stakeholders is an important part of our regulatory process. In June 2019, FSRA conducted an online stakeholder survey to learn more about stakeholder perceptions of our predecessors

TORONTO, NOVEMBER 12, 2019 - FSRA is committed to strengthening protection of investors in what is identified as “high-risk syndicated mortgages.” Mortgage brokerages and mortgage administrators must provide adequate disclosure of the risks associated with these types of syndicated mortgages in a way that is easily comprehensible to investors.

TORONTO, OCTOBER 31, 2019 - FSRA is very pleased to announce the membership for six new Stakeholder Advisory Committees (SACs) that will provide input and advice to FSRA’s Board of Directors and help shape the future of financial regulation in Ontario. There was a strong response to the call for

By Glen Padassery, EVP, Policy We are happy to share that FSRA has been accepted as a member of the Global Financial Innovations Network (GFIN). The GFIN is a network of over 50 financial authorities, central banks, and international organizations from around the globe. The aim is to foster greater

TORONTO, October 24, 2019 – The Financial Services Regulatory Authority (FSRA) is launching a consultation period for its draft statement of priorities and budget. The draft 2020-2021 priorities build upon the targets in the 2019-22 Business Plan where we focused on burden reduction, regulatory effectiveness and protecting the public interest.

TORONTO, OCTOBER 17, 2019 – The Financial Services Regulatory Authority (FSRA) has committed to ensure clarity for stakeholders and consumers around their legal requirements and expectations. We are delivering on this commitment today by issuing a new Guidance Framework to standardize the guidance

FSRA has published its approach to Requirements After Certain Annuity Purchases for DB Plans.