The Financial Services Regulatory Authority of Ontario (FSRA) is an independent regulatory agency created to provide more effective financial services regulation in Ontario for consumers and pension plan beneficiaries. FSRA is responsible for supervising and regulating a number of different sectors.
In doing so we administer a number of statutes and regulations. The legislative framework in the FSRA Act also provides FSRA with specific rule-making authorities under the regulated sector statutes and the FSRA Act, including the authority to make rules governing fees and other charges. FSRA also uses four distinct types of guidance to support requirements set out in legislation, regulations and rules.
FSRA’s Guidance Framework outlines FSRA’s regulatory framework, including the four types of guidance we use (Interpretation, Information, Approach, Decision).