Announcements

The Financial Services Regulatory Authority of Ontario (FSRA) is committed to protecting consumers and delivering fairness and choice through principles-based and outcomes-focused regulation of non-securities financial services and pensions in Ontario. FSRA is releasing its 2021-2022 Annual Report

FSRA seeking new members for its Consumer Advisory Panel The Financial Services Regulatory Authority of Ontario (FSRA) is seeking new members to join its Consumer Advisory Panel to serve a two-year term. The Consumer Advisory Panel (the “Panel”) is made up of a diverse group of consumers and

Today, the Financial Services Regulatory Authority of Ontario (FSRA) is launching public consultation on its proposed 2023-24 Statement of Priorities and budget. FSRA’s proposed priorities continue to focus on fostering principles-based regulation, while delivering on outcomes that ensure consumer

In October 2022, after serving as Vice-Chair, Mark was appointed Chair of the Market Conduct Working Group of the International Association of Insurance Supervisors. This enhances FSRA’s active partnership with insurance supervisors and regulators from more than 200 jurisdictions to share best

We are pleased to send you the October 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 initiated enforcement action against Sudeep Sharma. FSRA alleges that Sudeep Sharma made false or misleading statements in soliciting or registering insurance, contrary to section 17(c) of Ontario Regulation 347/04. FSRA also alleges

The new activities follow a joint review of Managing General Agencies The Financial Services Regulatory Authority of Ontario (FSRA) is strengthening its supervisory activities for Managing General Agencies (MGAs) and licensed agents in the life and health insurance sector. FSRA today announced that

In its second quarterly outlook report for the credit unions and caisses populaires sector, the Financial Services Regulatory Authority of Ontario (FSRA) found that the sector remains stable, but there is the possibility that future quarters will deteriorate as inflation persists and interest rates

The Financial Services Regulatory Authority of Ontario (FSRA) issued an order imposing an administrative penalty in the amount of $10,000 on Elvira Montoya. Elvira Montoya circulated documents which contained false licensing numbers and depicted her corporation's services as that of a mortgage

The regulator is releasing final guidance outlining sound practices for operational risk management in the rating and underwriting of automobile insurance To help consumers receive just, reasonable and accurate auto insurance rates and fair treatment in the underwriting process, FSRA is releasing