Announcements

TORONTO, February 22, 2021 – FSRA is continuing to protect depositors and contribute to the stability of the sector, while working together with the credit union sector to ensure credit unions can serve their members during this time of rapid change and disruption. On January 26, 2021, the

The Financial Services Regulatory Authority of Ontario (FSRA) is reminding Life & Health (L&H) insurance companies about their role in ensuring agents meet high business conduct standards. This includes agents from managing general agencies that insurers contract with to distribute their products

FSRA has released its Q4 2020 Estimated Solvency Report for Ontario's Defined Benefit Pension Plans. The report helps FSRA indicate the health of Ontario’s DB plans, and is a supervisory tool FSRA uses to improve outcomes for pension plan beneficiaries. Learn more at: Quarterly Update on Estimated

TORONTO, February 9, 2021 - The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers that Loans Canada is not licensed to conduct mortgage business in Ontario. It has come to FSRA’s attention that Loans Canada is conducting mortgage business without a valid license through

We are pleased to send you the January 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 to

You can renew your mortgage agent or broker licence starting today. Your current licence expires on March 31, 2021. The renewal fee is $841. Principal brokers pay the fee in Licensing Link on behalf of their agents and brokers. Agents and brokers are not required to complete any continuing education

TORONTO, January 29, 2021 - FSRA is launching new principles-based guidance for credit unions on residential mortgage lending that sets out principles and describes FSRA’s supervisory approach for sound risk management practices. The new guidance takes effect on February 1, 2021. This guidance

The Financial Service Regulatory Authority (FSRA) published final Guidance today describing how it will exercise its discretion and may provide consent to an asset transfer under the Pension Benefits Act (PBA). The Guidance is in response to the sector’s request that FSRA focuses on asset transfers

TORONTO, January 27, 2021 - The Financial Services Regulatory Authority of Ontario (FSRA) continues to make the protection of member’s deposits and the stability of the credit union sector a priority. To align with these efforts, FSRA is enhancing crisis preparedness and resiliency of the credit

The Financial Services Regulatory Authority of Ontario (FSRA) is looking for members to join a new special purpose Technical Advisory Committee. The committee will provide insights on fostering a vibrant employment-based pension pillar in Ontario, within the regulatory framework. Read more…