Announcements

The Financial Services Regulatory Authority of Ontario, FSRA, has imposed a compliance order and administrative penalties in the total amount of $3,500 against Iftikhar Ahmad Qadeer (Qadeer). Qadeer contravened the Mortgage Brokerages, Lenders and Administrators Act, 2006, S.O. 2006, c. 29, as

The Financial Services Regulatory Authority of Ontario, FSRA, has imposed compliance orders against Assureway Protection Corporation (Assureway Protection) and its sole officer and director Shiraz Hussain (Hussain). Assureway Protection and Hussain contravened the Insurance Act, RSO 1990, c. I.8, as

FSRA's Q4 2025-26 Sector Outlook Report, which is a snapshot in time, showed Ontario’s Credit Unions continued growing assets during a period of global economic volatility and uncertainty while maintaining strong profitability. Q4 Highlights include: total sector assets reached $104.52 billion

We are pleased to send you the April 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

The Financial Services Regulatory Authority of Ontario, FSRA, has imposed an Order to revoke the mortgage administrator license issued to 2748204 Ontario Inc. o/a Flex Home Loans (“Flex Home Loans”), effective 90 days after the issuance of a compliance order. FSRA has also imposed an administrative

Enforcement activity grew in both volume and impact, supported by a stronger supervisory framework and expanded legal powers The Financial Services Regulatory Authority of Ontario (FSRA) released its first Enforcement Annual Report, which highlights enforcement objectives, outcomes and actions. FSRA

The Financial Services Regulatory Authority of Ontario, FSRA, has refused to renew the life insurance and accident & sickness insurance agent licence issued to Rajesh Narayanan Ramdass Raja (Ramdass Raja). Ramdass Raja is not suitable to be licensed under the Insurance Act, R.S.O. 1990, c.I.8 and

The Financial Regulatory Authority of Ontario, FSRA, has imposed conditions on the mortgage agent licence issued to John Chehade (Chehade) and on the mortgage broker licence issued to Rhett McClenaghan (McClenaghan). FSRA has also imposed administrative penalties in the total amount of $12,500

The Financial Services Regulatory Authority of Ontario, FSRA, is warning consumers that Final Expense Ontario, Final Expense Protection Ontario Corporation 1, Final Expense Ontario Insurance Broker (“Final Expense”), and Hussain Ali Khan Mir, also known as Zeeshan Mir, (“Mir”) are not licensed to

The Financial Services Regulatory Authority of Ontario (FSRA) is reminding individuals using the Financial Planner title ( or similar) to review Ontario’s title protection framework requirements and ensure they have an approved credential. The transition period under Ontario’s title protection