The 2019 Mortgage Brokerage and Administrator Annual Information Return (AIR) is now open – File today!
The 2019 Annual Information Return (AIR) is now open! You have until March 31, 2020 to complete your 2019 AIR. The AIR is an annual questionnaire designed to collect specific information from mortgage brokerages and administrators licensed by FSRA. It must be filed electronically through Licensing Link and may only be completed by the principal broker of a mortgage brokerage, and/or the principal representative of a mortgage administrator.
All licensed mortgage brokerages and administrators are required to complete and file an AIR no later than March 31 of each year, as per Ontario Regulation 193/08. The AIR provides valuable information that helps to inform our work within the sector.
The AIR is now faster and easier to complete, as the number of questions and data points required has been reduced.
The 2019 AIR must be submitted by March 31, 2020. All licensed mortgage brokerages and administrators must file, even if they did not do any business in 2019. Mortgage brokerages or administrators that do not file by March 31, 2020 may face summary administrative penalties, or other regulatory enforcement action.
For More Information
Learn more at Annual Information Returns.
If you have any questions or need more information, contact us at firstname.lastname@example.org.
Effective June 8, 2019, FSRA assumed regulatory duties of the Financial Services Commission of Ontario and the Deposit Insurance Corporation of Ontario. Learn more about FSRA and its approach to achieving safety, fairness and choice in non-securities financial services at www.fsrao.ca.