Announcements
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Enforcement Actions
Auto Insurance
All
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
Newsletters
Cross Sector
All
We are pleased to send you the August 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
Announcements
Cross Sector
All
Recently, the Financial Services Regulatory Authority (FSRA) of Ontario, has made some leadership changes. These changes address our perceived needs for organizational development, but do not alter our commitment to our plans and strategies to forge a strong path as an effective regulator. With
Consultations
Cross Sector
All
The Financial Services Regulatory Authority of Ontario (FSRA) is taking steps to better protect consumers by ensuring they have the information they need when dealing with financial services providers. As a result, FSRA is consulting on proposed guidance for public warning notices. “FSRA is taking
Reports
Mortgage Brokering
All
New research will help inform how FSRA supervises mortgage brokers FSRA recently commissioned research to better understand and protect consumers who are in the market for a first mortgage or are renewing their existing mortgage. The findings will help inform how FSRA supervises mortgage brokers, as
Enforcement Actions
Mortgage Brokering
All
The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against 1813404 Ontario Corp. o/a CSI Mortgages (CSI Mortgages) and its principal broker, Hansel Patrick (Patrick). FSRA alleges that CSI Mortgages contravened the Mortgage Brokerages, Lenders and
Announcements
Property and Casualty and General Insurance
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 August 16, new licence applicants will be required to complete their criminal record checks through FSRA’s approved vendor
Announcements
Life and Health Insurance
For Industry
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
Announcements
Property and Casualty and General Insurance
For Industry
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
Announcements
Cross Sector
All
Financial Services Regulatory Authority of Ontario Chair Joanne De Laurentiis is pleased to announce the appointment of Lucie Tedesco to the FSRA Board of Directors for a two-year term, effective July 13, 2023. Lucie Tedesco is an accomplished bilingual financial services executive with over 34