Announcements

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

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

The Financial Services Regulatory Authority of Ontario (FSRA), has initiated enforcement action against Iqbal Singh Saini (Saini), 13016161 Canada Inc. o/a Infinite Mortgage Solutions (Infinite Mortgage), Sadik Sadik (Sadik), and Emerald Lending Group Inc. (Emerald Lending). FSRA alleges that Saini

The Financial Services Regulatory Authority of Ontario (FSRA), is helping reduce administrative burden in the mortgage brokering sector with new and improved Annual Information Returns (AIRs). “The new AIRs are shorter and easier to complete,” said Gina Stephens, Director of Mortgage Brokering

The Financial Services Regulatory Authority of Ontario (FSRA) is re-establishing the Technical Advisory Committee (TAC) for Credit Union Data Strategy and Digital Transformation. This committee will play an important role in enhancing FSRA’s credit union regulatory efficiency and effectiveness

The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers not to do business with Sam Kamra (“Kamra”), as he is not licensed to conduct mortgage brokering business in Ontario. There are potential risks if you obtain mortgages arranged by or through this unlicensed individual

The Financial Services Regulatory Authority of Ontario (FSRA), Specialty Life Inc. (“SLI”) and Insurance Supermarket Inc. (“ISI”) have agreed to conditions on their licences under the Insurance Act, R.S.O. 1990, c.I.8, as amended (the “Act”). SLI has agreed to pay administrative penalties of $800

On this page Welcome Dealing in promissory notes could land you in hot water with the OSC and FSRA Holding an agent or broker licence does not make you an exempt private lender Tribunal decision highlights risks of not meeting regulatory obligations The risks of outside activities: how to make sure

The Financial Services Regulatory Authority of Ontario (FSRA), has imposed administrative penalties in the total amount of $275,000 against Lin Liang (Liang). Liang contravened the Mortgage Brokerages, Lenders and Administrators Act, 2006, S.O. 2006, c.29, as amended (the Act) and its regulations as