Announcements

The Financial Services Regulatory Authority of Ontario (FSRA) is establishing a Non-Auto Property & Casualty (P&C) Insurance Supervision Technical Advisory Committee (TAC). By taking this transparent and collaborative approach a wide array of voices will inform FSRA’s direction and decision making.

The Financial Services Regulatory Authority of Ontario (FSRA) has revoked the insurance agent licence of Liset Jimenez Rodriguez (Rodriguez). Rodriguez is not suitable to be licensed as she has repeatedly demonstrated untrustworthiness to transact insurance business and FSRA determined she is guilty

We are pleased to send you the September 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

An insurance company is proposing to adopt a new way to distribute commercial insurance products to improve market access and convenience for consumers The Financial Services Regulatory Authority of Ontario (FSRA) has established an Innovation Office to help identify, support and enable

The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against Sumit Pal Singh (Singh). FSRA alleges that Singh dealt in mortgages for remuneration, without acting on behalf of a brokerage, contrary to subsection 2(3) of the Mortgage Brokerages, Lenders and

Credit union total assets grow, profitability improves slightly, while loan delinquencies increase over the past quarter In its second 2023 quarterly outlook report for the Ontario credit unions and caisses populaires sector, the Financial Services Regulatory Authority of Ontario (FSRA) found that

The Financial Services Regulatory Authority of Ontario (FSRA) is changing its licensing processes for criminal record checks to ensure the processes remain up to date. As of September 18, new licence applicants will be required to complete their criminal record checks through FSRA’s approved vendor

Final Guidance will improve credit union risk management in Ontario Additional steps are being taken to promote the protection of credit union members and their deposits. The Financial Services Regulatory Authority of Ontario (FSRA) is releasing final guidance for credit unions to effectively manage

Defined benefit pension plans in Ontario remain financially strong which is positive news for plan members and their families. In its Q2 2023 Solvency Report, FSRA found that the overall funded position of pension plans improved over the quarter with the median solvency ratio reaching another new

In this Pension eBlast Introduction FSRA Reports DB plans achieve another all-time high in Q2 DB Plans Perform Well in 2022 New processes, updates and reminders A pensions success story Providing clarity to administrators “Mark”ing a tremendous career Making your life easier!! Setting the record