Announcements
Results 521 - 530 of 1223
Licences of health service providers suspended or revoked
Announcements
Health Service Providers
For Industry
The Financial Services Regulatory Authority of Ontario (FSRA) has taken action against health service providers to better protect consumers and help maintain fair and reasonable auto insurance rates. We suspended or revoked the licences of 170 health service providers who did not comply with their
FSRA issues Notice of Proposal against Noella Caspersz
Enforcement Actions
Life and Health Insurance
All
The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against Noella Caspersz (Caspersz). FSRA alleges that Caspersz failed to respond to an inquiry by the Chief Executive Officer promptly, explicitly and completely, and failed to answer in the manner and
Seeking advice from the Property & Casualty Insurance sector
Announcements
Property and Casualty and General Insurance
All
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.
FSRA revokes the licence of Liset Jimenez Rodriguez
Enforcement Actions
Life and Health Insurance
All
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
FSRA Highlights, September 2023
Newsletters
Cross Sector
All
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
FSRA’s Innovation office looks to enable advancements in Ontario’s insurance sector
Guidance
Cross Sector
For Industry
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
FSRA issues notice of proposal against Sumit Pal Singh
Enforcement Actions
Mortgage Brokering
All
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
Economic volatility continues to impact Ontario’s credit union sector
Reports
Credit Unions and Caisses Populaires
For Industry
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
Attention mortgage agents, brokers, PBs, DOPs: FSRA launching new process for criminal record checks on September 18
Announcements
Mortgage Brokering
For Industry
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
FSRA takes steps to better protect credit union members and their deposits
Guidance
Credit Unions and Caisses Populaires
For Industry
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