Announcements
Results 421 - 430 of 1223
FSRA Highlights, March 2024
Newsletters
Cross Sector
All
We are pleased to send you the March 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
Ontario’s Financial Services Regulator Encourages Consumers To Verify Credentials With New Online Tool
Announcements
Cross Sector
All
Ontario’s financial services regulator (FSRA) is launching an education campaign encouraging all consumers to check the credentials of the person they are getting financial advice from. FSRA is making it easy for consumers to do this through a new online tool. The Check Credentials Tool will help
Your retirement savings remain well protected in Ontario
Reports
Pensions
All
The majority of Ontario’s defined benefit pension plans continue to remain in strong financial positions despite ongoing global economic uncertainty and volatility. Ontario’s financial services regulator (FSRA) released its Q4 2023 Solvency Report which indicated the median solvency ratio reached an
Pension update - February 29, 2024
Pension update
Pensions
All
In this Pension eBlast Welcome message & 2024 outlook FSRA reports Q4 2023 Solvency Report New processes, updates and reminders Check it out – It’s a first!! Ontario pension sector overview and activities report Want to learn about FSRA’s new examination process? Stay tuned Changing fees to better
Working to serve consumers and industry efficiently and effectively
Reports
Cross Sector
All
Today, Ontario’s financial services regulator (FSRA) released its third quarter service standards scorecard, and we continue to meet or exceed service targets for 89.5% of our standards. The report measures activities that are provided to industry stakeholders and consumers such as licence renewals
FSRA joins International Association of Deposit Insurers (IADI) to better protect depositors
Announcements
Credit Unions and Caisses Populaires
For Consumers
FSRA is pleased to announce it has joined the International Association of Deposit Insurers (IADI) to share best practices in depositor protection and promote financial stability that benefits consumers. IADI’s Core Principles for Effective Deposit Insurance Systems is an internationally recognized
Improving protection for property and casualty insurance consumers
Announcements
Property and Casualty and General Insurance
All
Ontario’s financial services regulator, FSRA, today published its first supervision plan to help ensure fair treatment for people who have, or want to buy, insurance to protect against property damage and loss or liabilities. The plan gives details of FSRA’s upcoming review of property and casualty
FSRA imposes administrative penalties against 1813404 Ontario Corp. o/a CSI Mortgages and Hansel Patrick
Enforcement Actions
Mortgage Brokering
All
Ontario's financial services regulator, FSRA, has imposed administrative penalties in the amount of $9,000 against 1813404 Ontario Corp. o/a CSI Mortgages (CSI Mortgages) and $4,000 against Hansel Patrick (Patrick). CSI Mortgages contravened the Mortgage Brokerages, Lenders and Administrators Act
Think about the kind of retirement you want this Pension Awareness Day
Announcements
Pensions
For Consumers
Five simple steps to make sure the cost-of-living crunch doesn’t derail your future plans Ontario’s financial services regulator is marking the province’s 2nd annual Pension Awareness Day by urging all workers in the province to take the time to start planning for life after they stop working. A
FSRA issues notice of proposal against Lin Liang, Yujun (Janet) Shi and Yu (Jade) Wang
Enforcement Actions
Life and Health Insurance
All
Ontario’s financial services regulator (FSRA) has initiated enforcement action against Lin Liang (Liang), Yujun Shi (Shi), also known as Janet Shi, and Yu Wang (Wang), also known as Jade Wang. FSRA alleges that Liang and Shi contravened the Mortgage Brokerages, Lenders and Administrators Act, 2006