Announcements

We are pleased to send you the July 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

In April 2022, FSRA issued a call for applications to join our new Technical Advisory Committee for Auto Products. We would like to thank all who applied and showed interest in collaborating with FSRA on this exciting work. We are excited to announce the following members. This special purpose

In this issue Welcome FSRA takes steps to ensure Ontario homebuyers are protected New licensing and education requirements to better protect consumers Brokerages must report accurate information in the Annual Information Return FSRA actively working to protect the public through supervision and

Annual Mortgage Broker Supervision Plan highlights new areas of focus The Financial Services Regulatory Authority of Ontario (FSRA) is releasing its annual Mortgage Broker Supervision Plan. The focus for 2022-23 is to ensure mortgage brokers and agents protect their clients and keep their interests

The Financial Services Regulatory Authority of Ontario (FSRA) is committed to a transparent, consultative, and efficient rate regulation process in determining auto insurance benchmarks. FSRA is now consulting on The Preliminary Ontario Private Passenger Vehicles Annual Review based on Industry data

The Financial Services Regulatory Authority of Ontario (FSRA) issued an order refusing to issue an insurance agent licence to Aman Maharaj under the Insurance Act. Aman Maharaj is not suitable for licensing as contemplated under sections 4(1)(a), (c), and (i) of Ontario Regulation 347/04 because his

The Financial Services Regulatory Authority of Ontario (FSRA) is encouraging consumer / investor advocates, approved credentialing bodies, financial services trade / industry associations and professionals working in the financial services sector to apply to its Financial Planners and Financial

The Financial Services Regulatory Authority of Ontario is pleased to report that the transaction between PACE Savings and Credit Union Ltd., and Alterna Savings and Credit Union Limited (Alterna Savings) has been successfully completed. This transaction provides PACE members with enhanced stability

Treating consumers fairly when using big data analytics in the auto insurance system The Financial Services Regulatory Authority of Ontario’s (FSRA) Technical Advisory Committee for Auto Insurance Data and Analytics Strategy is releasing its final report on the Fair Treatment of Consumers in Uses of

Today the Financial Services Regulatory Authority of Ontario (FSRA) released its integrated Insurance Prudential Supervisory Framework Guidance for public consultation. The Insurance Prudential Supervisory Framework sets out FSRA’s processes for assessing the risk profiles of provincially