Announcements

The Financial Services Regulatory Authority of Ontario (FSRA) has changed its licensing processes for criminal record checks to ensure the processes remain up to date. As of today, FSRA will require new licence applicants to complete their criminal record checks through our approved vendor Triton

The Financial Services Regulatory Authority of Ontario (FSRA) is committed to promoting the good administration of Ontario pension plans and protecting and safeguarding pension benefits and the rights of pension plan beneficiaries. To ensure that plan administrators take the required standard of

The Financial Services Regulatory Authority of Ontario (FSRA) requires all licensed insurance companies in Ontario writing auto insurance to complete the Annual Auto Insurance Attestation. FSRA makes this requirement under the authority of section 442.3 of the Insurance Act to promote high standards

The Financial Services Regulatory Authority of Ontario (FSRA) issued an Order to revoke the life insurance and accident & sickness insurance agent licence of Amin Mohammad Ali. Amin Mohammad Ali contravened the Insurance Act (Act) and its regulations by: engaging in unfair or deceptive acts or

FSRA releases its first Financial Planners and Financial Advisors Supervision Plan To further protect consumers, the Financial Services Regulatory Authority of Ontario (FSRA) is releasing its first Financial Planners and Financial Advisors Supervision Plan. The plan sets out four key areas of

FSRA proposes guidance clarifying registration requirements for trust corporations, including crypto custodians The Financial Services Regulatory Authority of Ontario (FSRA) is proposing guidance that clarifies when trust corporations, including crypto custodians, need to register with FSRA. This

The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against Harold the Mortgage Closer Inc. (HTMC) and Harold Gerstel (Gerstel). FSRA alleges that Gerstel is not suitable to be licensed as he contravened the Mortgage Brokerages, Lenders and Administrators

The Financial Services Regulatory Authority of Ontario (FSRA) is proposing changes to its Fee Rule to ensure it aligns with the principles of fairness, consistency, and transparency. The Fee Rule governs how FSRA assesses and collects fees from the sectors it regulates. The proposed changes to the

The Financial Services Regulatory Authority of Ontario (FSRA) is committed to ensuring consumers receive auto insurance rates that are fair and reasonable. To help achieve that, FSRA updates the benchmarks every year to guide the rate approval decision process. As part of this annual process FSRA is

The Financial Services Regulatory Authority of Ontario (FSRA) has imposed administrative penalties in the total amount of $300,000 against Aviva Insurance Company of Canada (AIC) and administrative penalties in the total amount of $300,000 against S&Y Insurance Company (S&Y). AIC contravened the