Announcements

FSRA finalizes Guidance on public warnings Ontario’s financial services regulator (FSRA) is taking steps to better inform and caution consumers about doing business with people who are unlicensed or who are engaging in unlawful or deceitful behaviour. FSRA is publishing final Guidance on how we

Ontario’s financial services regulator (FSRA) is taking steps to protect insurance consumers and promote a sustainable insurance sector by communicating sound corporate governance, and operational risk management and resilience practices. To support the prudent oversight, management and practices of

Ontario’s financial services regulator (FSRA) has taken steps to promote prudent credit union lending practices to businesses and other commercial operations to ensure members are protected. Following a consultation with the sector, FSRA has developed Commercial lending Guidance that establishes

Ontario's financial services regulator, FSRA, has initiated enforcement action against Yashna Singh (Singh). FSRA alleges that Singh contravened the Mortgage Brokerages, Lenders and Administrators Act, 2006 (Act) and its regulations as follows: By receiving renumeration from a person other than the

Ontario’s financial services regulator, FSRA, is committed to being open, transparent and collaborative, ensuring stakeholders have broad input into our policy development and decision making. “We value stakeholders’ input because it is a critical part of our of regulatory and decision making

Ontario’s financial services regulator, FSRA, is warning consumers that Dean Wright (“Wright”), operating out of the Greater Toronto Area, is not licensed to conduct insurance business in the province. We advise consumers to avoid purchasing insurance, including auto insurance, from Wright

FSRA takes action against those who failed to comply with the law Ontario’s financial services regulator, FSRA, is revoking the licences of 29 mortgage brokerages who did not appoint a principal broker and/or failed to file the 2021 Annual Information Return (AIR). “It’s unfortunate that FSRA must

Update for the Financial Advisor title: The transition period for using the Financial Advisor ( or similar) title in Ontario ended on March 28, 2024. Now, an individual who wants to use the Financial Advisor (or similar) title in Ontario must have an approved credential from a FSRA-approved

Andi Efovia from the Greater Toronto Area is not licensed to conduct insurance business in Ontario Ontario’s financial services regulator, FSRA, is warning consumers that Andi Efovia ("Efovia”), operating out of the Greater Toronto Area (GTA), is not licensed to conduct insurance business in the

The Financial Services Regulatory Authority of Ontario (FSRA) is releasing its 2024-27 Annual Business Plan which sets out its core strategy for the next three fiscal years. It will allow FSRA to deliver on its vision of safety, fairness, and choice for consumers. The Annual Business Plan