Announcements

The Financial Services Regulatory Authority of Ontario (FSRA) is continuing its work to protect consumers with the release of its first insurance rule. The Unfair or Deceptive Acts or Practices (UDAP) Rule, which was recently approved by the Minister of Finance, applies to insurers of life & health

The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers to avoid obtaining a mortgage or home loan through Maryam Saeidi as she is not licensed to conduct mortgage business in Ontario. Maryam Saeidi is operating out of 259 Beechy Drive in Richmond Hill, postal code L3Y 8G6

FSRA is actively reaching out to consumers to help inform the organization’s direction and decisions and ensure the public interest is being protected. Today, the FSRA Consumer Office appointed six new members to its Consumer Advisory Panel (the “Panel”). These members will bring extensive

The credit union sector is rebounding from the economic impact of the COVID-19 pandemic. FSRA’s year-end credit union Sector Outlook Report finds that profitability in the fourth quarter of 2021 was stronger than the same time last year. Members can have confidence in the stability of Ontario’s

The Financial Services Regulatory Authority of Ontario (FSRA) is pleased the Government of Ontario announced the new Credit Unions and Caisses Populaires Act, 2020 (CUCPA 2020) came into force. With this announcement, the three new credit union Rules that FSRA developed – Sound Business and

We are pleased to send you the February 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

The Financial Services Regulatory Authority of Ontario (FSRA) is taking steps to enhance consumer and investor confidence by introducing a framework that requires Financial Planner (FP) and/or Financial Advisor (FA) title users to meet minimum education standards, ensure they are actively supervised

The Financial Services Regulatory Authority of Ontario (FSRA) protects life and health insurance consumers by ensuring agents are qualified to work in the sector. Strong regulatory supervision, supported by each insurer’s responsibility for its agents, is critical to ensuring that agents comply with

In this issue Welcome Better access to licensing services Consumer protection concerns identified in private mortgage examinations Improved disclosures needed for legacy NQSMIs New NQSMI quarterly report provides data for more effective monitoring of trends Consumer protection strengthened as

The Financial Services Regulatory Authority of Ontario (FSRA) is improving how it serves consumers and the sectors it regulates. During the third quarter of 2021 FSRA exceeded its services targets for 81 per cent of its service standards, improving 5 per cent over last quarter. FSRA’s service