FSRA sets out a plan to deliver safety, fairness and choice for financial services consumers

The Financial Services Regulatory Authority of Ontario (FSRA) is releasing its 2024-27 Annual Business Plan which sets out its core strategy for the next three fiscal years.

It will allow FSRA to deliver on its vision of safety, fairness, and choice for consumers.

The Annual Business Plan incorporates the organization’s priorities and objectives, while also identifying risk and risk mitigation strategies, plans for information technology, and FSRA’s approved budget.

It demonstrates that FSRA continues to mature as an organization and is further developing supervision and enforcement capacity in order to achieve regulatory excellence and to contribute towards public confidence in its regulated sectors.

The Minister of Finance approved the Annual Business Plan on April 3, 2024 and it addresses the expectations set out in the Minister’s mandate letter.

From October 10 to November 16, 2023, FSRA consulted on its 2024-25 Statement of Priorities (SOP). FSRA incorporated the feedback into the final version of the Annual Business Plan.

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FSRA continues to work on behalf of all stakeholders, including consumers, to ensure financial safety, fairness, and choice for everyone.

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