Announcements
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FSRA Highlights, June 2026
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
Enabling Ontario Insurers to maintain stability and long-term viability
Guidance
Property and Casualty and General Insurance
All
To help Ontario-incorporated Insurance Companies and Reciprocal Insurance Exchanges (Insurers) manage their risks more effectively and maintain adequate capital, the Financial Services Regulatory Authority of Ontario (FSRA) is releasing the Own Risk and Solvency Assessment (ORSA) Guidance. The
FSRA takes enforcement action against 24/7 Auto Collision Inc., 2551662 Ontario Inc. and Altaf Hussain
Enforcement Actions
Auto Insurance
All
The Financial Services Regulatory Authority of Ontario (FSRA), has imposed administrative penalties in the total amount of $15,000 against 24/7 Auto Collision Inc., $2,500 against 2551662 Ontario Inc. and $20,000 against Altaf Hussain (Hussain). FSRA has also imposed compliance orders against 24/7
Protecting Insurance consumers and promoting a sustainable Insurance sector
Guidance
Property and Casualty and General Insurance
All
The Financial Services Regulatory Authority of Ontario (FSRA) is taking steps to further protect policyholders, members, and subscribers and promote a sustainable sector for Ontario-incorporated Insurance Companies and Reciprocal Insurance Exchanges (Insurers) with the release of two pieces of
FSRA imposes administrative penalties against Andrew White
Enforcement Actions
Mortgage Brokering
All
The Financial Services Regulatory Authority of Ontario, FSRA, has imposed administrative penalties against Andrew White (White). White contravened the Mortgage Brokerages, Lenders and Administrators Act, 2006, S.O. 2006, c.29, as amended as follows: By providing information about a prospective
Consumers Beware: This business is not incorporated as a credit union in Ontario
Warnings
Credit Unions and Caisses Populaires
All
The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers that “Vaughan Credit Union” is not incorporated in Ontario as a credit union under the Credit Unions and Caisses Populaires Act, 2020 (CUCPA) and is not authorized to operate as a credit union in Ontario. Under
Ontario pension plans demonstrate continued financial resilience
Reports
Pensions
All
The Financial Services Regulatory Authority of Ontario (FSRA) has released its Q1 2026 Solvency Report for Defined Benefit Pension Plans, covering the period January 1 to March 31, 2026. The report shows a median solvency ratio of 122 per cent – a decrease of two percentage points from the previous
Pension update – May 14, 2026
Pension update
Pensions
All
On this page Welcome message FSRA reports Q1 2026 Solvency Report for Defined Benefit Pension Plans Pension reminders Review key information on your PSP profile prior to AIR filings Review jurisdictional membership reporting in your AIR See you at FSRA Exchange 2026 on May 25! Pension updates
FSRA issues notice of proposal against Trillium Mortgage Services Inc., Frank Manzo, Paramjeet Kaur, and Vatsal Pareshkumar
Enforcement Actions
Mortgage Brokering
All
The Financial Services Regulatory Authority of Ontario (FSRA), has initiated enforcement action against Trillium Mortgage Services Inc. (Trillium Mortgage), Frank Manzo (Manzo), Paramjeet Kaur (Kaur), and Vatsal Pareshkumar Khamar (Khamar). FSRA alleges that Trillium Mortgage contravened the
FSRA’s Consumer Advisory Panel announces new members
Announcements
Cross Sector
All
The Financial Services Regulatory Authority of Ontario (FSRA) is pleased to announce the appointment of two new members to its Consumer Advisory Panel (CAP). The CAP helps ensure that consumer perspectives are considered when shaping policies and initiatives that affect Ontarians. The new members