Announcements

The Financial Services Regulatory Authority of Ontario (FSRA) issued an order imposing an administrative penalty in the amount of $52,000 on Muhammad Bajwa. Muhammad Bajwa engaged in unlicensed insurance activity, contrary to section 392.2(6) of the Insurance Act and section 2(1) of Ontario

The Financial Services Regulatory Authority of Ontario (FSRA) is consulting on proposed guidance to better protect the rights and interests of credit union depositors, members and consumers. The Credit Unions and Caisses Populaires Act, 2020 (CUCPA 2020) permits a broad scope of business and

A recent poll finds that less than one third of respondents always look for the lowest rate. For those looking to purchase or renew their auto insurance the Financial Services Regulatory Authority of Ontario (FSRA) is encouraging them to shop around and get at least three quotes. In a recent poll

The Financial Services Regulatory Authority of Ontario (FSRA) is committed to promoting the good administration of pension plans and protecting the rights and benefits of plan beneficiaries. FSRA is now consulting on proposed Pension Benefits Guarantee Fund Assessment Deadlines and Calculations

In this Pension eBlast Consultations and refreshed guidance Consultation: Interpretation Guidance on Pension Benefits Guarantee Fund (PBGF) assessment deadlines and calculations FSRA Reports Q4 2021 Solvency Report Inflation: is your plan prepared? 2021 FSRA Pensions team accomplishments New

The Financial Services Regulatory Authority of Ontario (FSRA) will adopt new standards for approving licensing courses in the mortgage brokering sector to enhance consumer protection. FSRA is releasing final Interpretation and Approach guidance on adopting the Mortgage Broker Regulators’ Council of

The Financial Services Regulatory Authority of Ontario (FSRA) supports the government’s proposal to increase the skills and knowledge of mortgage agents and brokers to better protect consumers and investors. FSRA is consulting on guidance that outlines a proposed new education requirement for a new

The Financial Services Regulatory Authority of Ontario (FSRA) established the Mortgage Brokering Technical Advisory Committee to support consumer protection, drive innovation and increase regulatory efficiency in the sector. In November 2021, we issued a call for new members to replace current

The latest quarterly solvency report published by FSRA finds that the majority of pensions plans, 81 per cent, were more than 100 per cent fully funded, the highest level since December 2009. While this is an encouraging sign, plan sponsors and administrators should have risk monitoring and

2022 FSRA Exchange Event Watch the recording and read about it here