Announcements

The Q4 Service Standards Scorecard has FSRA meeting or exceeding performance targets 97% of the time FSRA continues to maintain high service standards for the benefit of Ontario consumers. In its fourth quarter service standards report, FSRA met or exceeded performance targets 97% of the time. The

The Financial Services Regulatory Authority of Ontario (FSRA) encourages you to complete our online stakeholder survey. We want to hear about your experiences, ideas, concerns and expectations of FSRA. We have engaged an independent research firm, Forum Research, to conduct this survey on our behalf

Financial Services Regulatory Authority of Ontario Chair Joanne De Laurentiis is pleased to announce the appointment of Peggy McCallum to the FSRA Board of Directors for a two-year term, effective May 18, 2023. Peggy McCallum has considerable experience in providing legal and governance advice on

We are pleased to send you the June 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

The Financial Services Regulatory Authority of Ontario (FSRA) has revoked a life insurance and accident and sickness agent licence of Yogender Jain (Jain), and imposed administrative penalties in the total amount of $100,000 against Jain and administrative penalties in the total amount of $100,000

The Financial Services Regulatory Authority of Ontario (FSRA) is taking additional steps to gather public input and better protect consumers We are holding further consultations on an updated proposed amendment to the Unfair or Deceptive Acts or Practices (UDAP) Rule. The updated proposed amendment

The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against Stewart Edward Ranft (Ranft). FSRA alleges that Ranft contravened the Insurance Act (Act) and its regulations by: making several false and misleading statements and representations to an insurer in

The Financial Services Regulatory Authority of Ontario (“FSRA”) issued orders revoking the mortgage brokerage licence and mortgage administrator licence of Hi-Rise Capital Ltd., (“Hi-Rise”) and imposing administrative penalties in the total amount of $350,000. FSRA also issued an order and is

The Financial Services Regulatory Authority of Ontario has revoked the mortgage brokerage licence and the mortgage administrator licence issued to First Swiss Mortgage Corp. (First Swiss). First Swiss is no longer suitable to be licensed under the Mortgage Brokerages, Lenders and Administrators Act

The Financial Services Regulatory Authority of Ontario (FSRA) issued an order refusing to issue a Health Service Provider licence to Parkside Village Therapy Inc. (Parkside). Parkside is not suitable for licensing as contemplated under section 2(2) of Ontario Regulation 348/13 on the basis that