Announcements
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Reports
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FSRA has released its Sector Outlook Report for the third quarter of 2021. The Sector Outlook Report provides insights on economic factors that impact the operations and financial performance of credit unions as well as industry trends. Learn more at: The Sector Outlook Report 3Q-2021
Announcements
Credit Unions and Caisses Populaires
For Industry
After a comprehensive recruitment process, the Financial Services Regulatory Authority of Ontario (FSRA) is pleased to announce that Mehrdad Rastan has been appointed the EVP of Credit Union and Insurance Prudential, effective January 4, 2022. Mehrdad is a passionate leader with over 25 years’
Newsletters
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We are pleased to send you the November 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
Announcements
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Pre-Register Today! You are invited to the Financial Services Regulatory Authority of Ontario (FSRA’s) inaugural 2022 FSRA Exchange event being held virtually on January 27, 2022. This event will be the first of FSRA’s annual flagship event. Join us to hear from a great line-up of speakers including
Announcements
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Engaging with our industry partners, consumers (including pension plan beneficiaries and credit union members), and other stakeholders is an important part of the regulatory process. It is also a key element of FSRA’s mandate and business plan. Prior to our launch in 2019, we asked our stakeholders
Guidance
Credit Unions and Caisses Populaires
For Industry
The Financial Services Regulatory Authority of Ontario (FSRA) promotes high standards of business conduct and protects member and customer interests by ensuring credit unions deliver fair outcomes to them. Following consultation with the sector, FSRA is releasing final Market Conduct Framework
Warnings
Mortgage Brokering
For Consumers
The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers that Nationwide Canada Loans is not licensed to conduct mortgage business in Ontario. Nationwide Canada Loans is operating and advertising as a mortgage brokerage out of 439 University Ave., Toronto, ON, M5G 2H6 and
Warnings
Mortgage Brokering
For Consumers
The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers that Lampwater Financial Mutual is not licensed to conduct mortgage business in Ontario. The unlicensed activity is operating out of 40 University Ave., Toronto, ON, M5J 1T1 using the following website: http:/
Announcements
Credit Unions and Caisses Populaires
For Industry
The Financial Services Regulatory Authority of Ontario (FSRA) is seeking 10 members to join a new Technical Advisory Committee for Deposit Insurance Reserve Fund (DIRF) and serve a two-year term. The adequacy of the DIRF is essential to sector stability. Committee members will provide expert insight
Warnings
Mortgage Brokering
For Consumers
The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers that Hasty Mortgage and Rohan Satkunarajah do not have licenses to conduct mortgage business in Ontario. The unlicensed activity is operating out of 100 Cowdray Court, Scarborough, Ontario M1S 5C8, using the following