FSRA imposes administrative penalties against Meerwise Wais Habibzi

The Financial Services Regulatory Authority of Ontario (FSRA) issued an order imposing two administrative penalties in the total amount of $20,000 on Meerwise Wais Habibzi.

Meerwise Wais Habibzi provided false or deceptive information when dealing in mortgages contrary to section 43(2) of the Act. Meerwise Wais Habibzi also provided false and misleading information to a person designated by the Chief Executive Officer of FSRA contrary to section 45(1) of the Act.

FSRA issued this order as a result of a decision of the Financial Services Tribunal dated March 10, 2022.

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For media inquiries:

Russ Courtney
Sr. Media Relations and Digital Officer
Financial Services Regulatory Authority
C: 437-225-8551
Email: [email protected]

Enforcement Actions