FSRA Issues Update on Mortgage Administrator Invoicing
On March 27, FSRA issued an update on Changes to Regulatory Requirements due to COVID-19.
We wish to update the information provided regarding invoice payment terms for mortgage administrators.
The invoices already issued to mortgage administrators for F2020-21 fees are withdrawn.
This replaces the information we provided on March 27: “The invoices already issued to insurance brokers for F2020-21 fees are withdrawn.”
For more information
If you have any questions or need more information, contact us at [email protected].
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.