Announcements

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 all plan beneficiaries. FSRA is consulting on proposed Interpretation and Approach Guidance regarding the processes for the

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 all plan beneficiaries. In 2020, FSRA conducted a thematic review of 21 Ontario-registered Defined Benefit Multi-Employer Pension

The Financial Services Regulatory Authority of Ontario (FSRA) previously warned consumers on February 9, 2021 that Loans Canada is not licensed to conduct mortgage business in Ontario. Please be advised that Loans Canada has now removed all requests for information that would indicate mortgage

As part of its ongoing commitment to include consumers in the policymaking process, FSRA convened its first Residents’ Reference Panel on Automotive Insurance in Ontario. The panel’s mandate was to provide an everyday citizen’s perspective on how to make the Ontario auto insurance system clearer

The Financial Services Regulatory Authority (FSRA) is publishing its first quarterly scorecard on its service standard performance. The 22 service standards set clear service expectations and targets for stakeholders and consumers, which they can expect under normal conditions. The standards include

The Financial Services Regulatory Authority of Ontario (FSRA) is looking for members to join a new Technical Advisory Committee for Credit Union Data Strategy and Digital Transformation. This committee will play an important role in enhancing FSRA’s credit union regulatory efficiency and

The Financial Services Regulatory Authority of Ontario (FSRA) is offering a quick and convenient way to check processing times for certain mortgage and insurance agent applications. Applicants and their sponsors can now check online to see FSRA timelines for application processing at a given time

The Financial Services Regulatory Authority of Ontario (FSRA) is increasing regulatory efficiency in the syndicated mortgage investment (SMI) market. FSRA is preparing to transfer regulatory oversight of certain SMIs to the Ontario Securities Commission (OSC) effective July 1, 2021, subject to

FSRA has released its Sector Outlook report for the fourth quarter of 2020. 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: Sector Outlook Report 4Q-2020

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