Announcements

The Financial Services Regulatory Authority of Ontario (FSRA) is releasing its 2024-27 Annual Business Plan which sets out its core strategy for the next three fiscal years. It will allow FSRA to deliver on its vision of safety, fairness, and choice for consumers.

Ontario’s financial services regulator, FSRA, has initiated enforcement action against Daumier Financial Services Inc. o/a Daumier Financial Services Ltd.

We are pleased to send you the April 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.

Ontario’s financial services regulator (FSRA) is committed to improving consumer protection by ensuring consumer perspectives are informing direction, policy and communications decisions. A critical part of this is regular input from our Consumer Advisory Panel.

To help make it easier for regulated entities and individuals to inform FSRA of IT risk incidents, Ontario’s financial services regulator (FSRA) will allow the reporting of IT risk incidents online.

Ontario’s Financial Services Regulator (FSRA) is actively working with the Credit Union sector to foster new innovation ideas and emerging business models, with a focus on supporting stability of the sector and protecting members.

To continue its commitment to transparency and consumer protection, Ontario’s financial services regulator (FSRA) published its 2023-2024 Financial Planners and Financial Advisors Supervision Publication, which included the findings of examinations of four FSRA-approved credentialing bodies.&nbsp

In response to stakeholder feedback, FSRA is improving the transparency of its quality assurance and reconsideration processes for credit unions.

The move will offer consumers more choice when seeking financial advice Ontario’s financial services regulator, FSRA, has approved The Canadian Institute Of Financial Planning’s (CIFP) Chartered Financial Planner® designation as a credential for

According to FSRA’s Q4 2023-24 Sector Outlook Report, Ontario’s credit union sector remained adequate in the fourth quarter in terms of capital and liquidity, despite high interest rates. Credit unions also showed year-over-year growth in sector assets.