Announcements

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

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

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 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 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

To further strengthen exam security and integrity, FSRA and Durham College will soon be requiring all candidates to take the Life Licence Qualification Program (LLQP) exams in person. Online exams will be discontinued effective July 1, 2026, to combat misconduct and cheating. Accommodations will

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, has taken enforcement action against Margaret Green (Green) and initiated enforcement action against Kathy Locke (Locke), both formerly licensed brokers with Concierge Mortgage Group Inc. (Concierge). FSRA suspended the mortgage broker

The Financial Services Regulatory Authority of Ontario (FSRA) submitted its Eligible Financial Contracts (EFC) Rule to the Minister of Finance for approval. If approved, the new Rule will: provide clarity and fairness to counterparties (other financial institutions or entities in a financial

The Financial Services Regulatory Authority of Ontario, FSRA, has imposed administrative penalties in the total amount of $20,500 on Rebecca Thien Kim Nguyendo (Nguyendo). Nguyendo contravened the Mortgage Brokerages, Lenders and Administrators Act, 2006, S.O. 2006, c. 29, as amended (the Act) and