Announcements

The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against Trapper Goldsmith (Goldsmith). FSRA alleges that Goldsmith is not suitable to be licensed under the Insurance Act, R.S.O. 1990, c.I.8 (Act) because he has demonstrated incompetence or

The Financial Services Regulatory Authority of Ontario (FSRA) has refused to renew the mortgage broker licence of Masoud Asnafi (Asnafi) and imposed administrative monetary penalties in the total amount of $95,000 on him and $10,000 on Approved Mortgage Brokers (AMB) an unlicensed entity controlled

Ontario’s financial services regulator warns vehicle buyers to ensure they are buying coverage from licensed insurers, or they could be paying hundreds of dollars for coverage that may not be valid The Financial Services Regulatory Authority of Ontario (FSRA) is alerting consumers to the unlicensed

The Financial Services Regulatory Authority of Ontario (FSRA) is pleased to announce the new members of its Technical Advisory Committee (TAC) for the regulation of Auto Insurance Rates and Underwriting. The committee will provide strategic and technical input to support the implementation of FSRA’s

The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against Jason A N Singh (Singh). FSRA alleges that Singh gave false and deceptive information and documents when dealing in mortgages, contrary to section 43(2) of the Mortgage Brokerages, Lenders and

The Financial Services Regulatory Authority of Ontario (FSRA) is pleased to announce the appointment of Julie Giraldi, CHRE, ICD.D, as its new Chief Human Resources Officer (CHRO), effective July 13, 2026. Julie joins FSRA with extensive executive leadership experience in human resources

The Financial Services Regulatory Authority of Ontario (FSRA) is accepting applications for its Point of Sale Test and Learn Environment (TLE). This TLE project will make it possible for consumers to purchase auto insurance directly at a motor vehicle dealership through a licensed insurance agent or

The Financial Services Regulatory Authority of Ontario, FSRA, has initiated enforcement action against Robert Brock Frost (Frost) and Capitis Mortgage Investment Corp. (Capitis). FSRA alleges that Frost contravened the Mortgage Brokerages, Lenders and Administrators Act, 2006 (Act) by dealing in

We are pleased to send you the July 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

The Financial Services Regulatory Authority of Ontario, FSRA, has imposed administrative penalties on S.O.R.A Real Estate & Insurance Ltd. operating as MIC Financial (MIC Financial) in the total amount of $150,000 and $10,000 on Roberto Gabriel Mammone (Mammone). MIC Financial contravened the