Announcements

To help ensure consumers are getting sound advice about mortgages, mortgage agents and brokers must be properly trained and licensed. FSRA requires these licenses to be renewed every year. Principal brokers (PBs), brokers and agents may renew their licenses beginning today, February 1 st. Given new

The Consumer Advisory Panel, supported by the Financial Services Regulatory Authority of Ontario (FSRA) Consumer Office, held their fourth and final meeting of the year on November 17, 2022. During this meeting, the Panel provided input and was updated on several of FSRA’s priorities, such as: The

The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against Daniel Conrado. FSRA alleges that Daniel Conrado contravened Section 2(1) of Ontario Regulation 347/04 by acting as an insurance agent without a licence. FSRA is proposing to impose an

FSRA goes to great lengths to ensure consumer perspectives inform direction, policy and communications decisions to help ensure the public interest is being protected. A critical part of this is regular input from our Consumer Advisory Panel. Today, FSRA is pleased to announce the appointment of

FSRA is establishing a new Technical Advisory Committee to help reform the auto insurance system in Ontario. The goal of this reform strategy is to make auto insurance rates and underwriting fairer, promote more efficient rates regulation and support consumers to make informed decisions, by

To better protect consumers and focus its supervision efforts, the Financial Services Regulatory Authority of Ontario (FSRA) is launching the 2022 Annual Information Return (AIR) for mortgage brokerages and administrators. Completing this questionnaire will help to identify trends and risks in the

FSRA is consulting on guidance to help the sectors and individuals it regulates effectively manage a threat to their IT systems, infrastructure and data. IT risks, like cyber threats and aging digital infrastructure, can result in financial losses and harm to consumers. Regulated entities must

The Financial Services Regulatory Authority of Ontario (FSRA) is releasing proposed guidance that sets out the requirements for credit unions to effectively manage operational risk and demonstrate resilience that will ultimately better protect credit union members and their deposits. Operational

FSRA’s Annual Information Return (AIR) for credentialing bodies approved under the Financial Professionals Title Protection Act, 2019 (FPTPA) is now available. All FSRA-approved credentialing bodies must complete and submit the AIR to FSRA by March 31, 2023. The AIR is an annual questionnaire that

The Financial Services Regulatory Authority of Ontario (FSRA) is encouraging mortgage agents and brokers to renew their licences early this year to avoid delays given new licensing requirements. The new requirements will help ensure consumers and investors receive appropriate mortgage advice and