Announcements

Durham College – the administrator of the Life Licence Qualification Program (LLQP) exam – is increasing the fees for the exam by $1-2 beginning August 1, 2025. FSRA is providing an advance notice to course providers and industry in order to communicate this update to insurance agent candidates. For

The Financial Services Regulatory Authority of Ontario (FSRA) has received several inquiries from service providers regarding an increase in denials of provider travel time expense claims. FSRA has reviewed Health Claims for Auto Insurance (HCAI) data and has confirmed that insurers across the

Ontario's financial services regulator, FSRA, has revoked the mortgage brokerage licence of Expert Financial Corporation (“Expert Financial”) and imposed administrative penalties on Expert Financial in the total amount of $36,000. FSRA has also imposed administrative penalties in the total amount of

We are excited to announce that Antoinette Leung has been appointed as Executive Vice President, Market Conduct, effective August 1, 2025. Antoinette brings extensive regulatory experience, a strong commitment to public service, and a collaborative leadership style. In her current role as Head of

After more than six years of dedicated leadership, Huston Loke will be departing FSRA as of July 31, 2025. Huston has played a foundational role at FSRA serving as our first Executive Vice President, Market Conduct. He helped shape our regulatory approach in areas such as insurance conduct, mortgage

Ontario's financial services regulator, FSRA, has initiated enforcement action against 2748204 Ontario Inc. operating as Flex Home Loans (Flex Home Loans) and Michael Yosher (Yosher). FSRA alleges that Flex Home Loans’ and Yosher’s conduct affords reasonable grounds for belief that Flex Home Loans

FSRA's Q4 2024-25 Sector Outlook Report, which is a snapshot in time, showed that Ontario’s credit unions grew their assets. As of December 31, 2024, total sector assets reached $99.61 billion, reflecting a year-over-year increase of $3.25 billion or 3.37%. The Report highlights several key

Ontario’s financial services regulator (FSRA) has released its Licensing and Market Conduct Enforcement Report. This work underscores FSRA’s commitment to transparency and reinforces consumers' confidence in working with appropriately licensed professionals. “The majority of licence holders are

We are pleased to send you the July 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

FSRA grant funding applications for financial education and research now open Ontario’s financial services regulator, FSRA, is supporting financial literacy and better protecting consumers through its second annual proceeds from enforcement grant application program. “Now in our second year, the