Announcements

The Financial Services Regulatory Authority of Ontario (FSRA) issued an order imposing administrative penalties in the total amount of $280,000 on Kaleido Financial Ltd. and $55,300 on David Martino. Kaleido Financial Ltd. (Kaleido) was the mortgage brokerage on six syndicated mortgage investment

The Financial Services Regulatory Authority of Ontario (FSRA) issued an order imposing an administrative penalty in the amount of $16,000 on Oded Oliver Beer and amends the insurance agent licence issued to Oded Oliver Beer with conditions. Oded Oliver Beer engaged in unfair or deceptive acts of

New title protection framework will make it easier for financial services professionals to communicate their value to consumers and validate their education and expertise The Financial Services Regulatory Authority of Ontario (FSRA) has approved FP Canada and the Institute for Advanced Financial

FSRA is taking action against health service providers who have not filed their Annual Information Return and paid their licensing fee. Although the regulator informed these individuals about potential enforcement action and followed up with them multiple times, they failed to comply with the law

The Financial Services Regulatory Authority of Ontario (FSRA) is encouraging Health Service Providers to apply to its Stakeholder Advisory Committee. The individuals selected will provide advice to FSRA’s Board of Directors and Management on the regulator’s priorities, budget and other matters the

The Financial Services Regulatory Authority of Ontario (FSRA) is proposing to adopt principles of conduct for those who sell, distribute or service property, casualty and life, and health insurance. The principles outline industry obligations and behaviour that customers should expect when

FSRA is establishing a new Technical Advisory Committee to help identify problems with auto insurance products and offer solutions for the benefit of consumers. FSRA is seeking applicants with executive-level or extensive experience in the auto insurance field, including those: managing and

We are pleased to send you the March 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) is taking steps to support cybersecurity preparedness within the mortgage brokering sector. FSRA is proposing to adopt the Mortgage Broker Regulators’ Council of Canada’s Principles for Cybersecurity Preparedness into its regulatory

The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers to avoid using Credivo Financial Service (Credivo) to obtain a mortgage as it is not licensed to conduct mortgage business in Ontario. Credivo Financial Service is located at 411 Roosevelt Ave in Ottawa, postal code