Current Fee Rule: The Minister of Finance approved Rule 2022 – 001 Assessments and Fees on September 13, 2023. The approved rule is in effect as of December 1, 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.
Substance and purpose of the Fee Rule
The substance and purpose of the Fee Rule is to ensure that FSRA is a self-funded agency that operates on a cost-recovery basis, in accordance with the FSRA Fee Rule vision and principles, to enable FSRA to carry out its legislated mandate.
