Announcements

To better protect consumers, the Financial Services Regulatory Authority of Ontario (FSRA) has suspended the licences of Health Services Providers (HSPs) and revoked the licences of mortgage brokerages who did not comply with annual reporting obligations and did not pay their fees. “Compliance with

We are pleased to send you the September 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

The Financial Services Regulatory Authority of Ontario (FSRA) is consulting on the draft Ontario Private Passenger Vehicles Annual Review Report. The consultation will close on September 28, 2026. The Report outlines average industry costs and trends to help inform the setting of future private

The Financial Services Regulatory Authority of Ontario (FSRA) has imposed an administrative penalty against Chintankumar Narendra Thakkar (Thakkar). Thakkar acted as an insurance agent by transmitting insurance applications to an Insurer and charging a fee for this service while not being licensed

Attention brokerage owners, principal brokers, chief compliance officers, team leads, directors, officers, and partners: FSRA’s highly anticipated Principal Broker Conference is back, building on the success of the inaugural sold-out event in 2024. This full-day conference is tailored to help you

On this page Welcome message FSRA reports Q2 2026 Solvency Report for Defined Benefit Pension Plans 2025 Report on the Funding of Defined Benefit Pension Plans in Ontario Pension Benefits Guarantee Fund Annual Report Pension reminders Thank you for being a part of FSRA Exchange! Administrative

Pension plans in Ontario continue to demonstrate strong financial positions despite ongoing economic uncertainty, global geopolitical tensions, evolving trade dynamics, inflationary pressures and financial market volatility. That was the finding of two reports issued by Ontario’s financial services

FSRA's Q1 2026-27 Sector Outlook Report, which is a snapshot in time, showed Ontario’s Credit Unions continued growing assets and increasing profitability during an ongoing period of global economic uncertainty. Q1 highlights include: Total sector assets reached $105.04 billion, reflecting a year

To further protect accident victims and promote trust in Ontario’s auto insurance system, FSRA conducted proactive supervision of health service providers (HSPs) and is releasing the results of its reviews. FSRA’s supervision of HSPs focuses on the billing and business practices for auto insurance

The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against K. Banx Mortgages Ltd. (K. Banx), Fahima Kashani (Fahima), Soheil Kashani (Soheil), and Daniel Kashani (Daniel). FSRA alleges that K. Banx contravened the Mortgage Brokerages, Lenders and