FSRA’s Fee Rule has been approved by the Minister of Finance
The Financial Services Regulatory Authority of Ontario (FSRA) is releasing its final Rule 2022 – 001 Assessments and Fees (Fee Rule). The Minister of Finance approved the Fee Rule on September 13, 2023.
The Fee Rule governs how FSRA assesses and collects fees from the sectors it regulates and aligns with the principles of fairness, consistency, and transparency. It ensures fees appropriately and accurately reflect the regulatory efforts and activities required to enhance consumer protection.
The proposed rule was submitted to the Minister for final approval on August 4, 2023. The approved rule will take effect on December 1, 2023.
FSRA continues to work on behalf of all stakeholders, including consumers, to ensure financial safety, fairness, and choice for everyone.
Learn more at www.fsrao.ca.