Media Centre | Financial Services Regulatory Authority of Ontario

For media inquiries:

Russ Courtney
Sr. Manager of Media Relations
Financial Services Regulatory Authority
C: 437-225-8551
Email: [email protected]

Press releases:

2024

June 28, 2024: FSRA issued order to refuse to renew licence and to confirm summary administrative penalty order against Manpreet Kaur Dhillon
June 26, 2024: FSRA refuses to renew the licence and imposes administrative penalties against Manpreet Ghai
June 25, 2024: Supporting the Fair Treatment of Consumers in Ontario
June 24, 2024: Protecting Consumers who own Segregated Fund Contracts in Ontario
June 19, 2024: Protecting Borrowers and Investors by Enhancing Mortgage Brokering Practices
June 18, 2024: FSRA revokes the mortgage brokerage licence of Valor Financial Corp.
June 17, 2024: FSRA issues notice of proposal against Mai Anh (Cindy) Tran
June 10, 2024: FSRA refuses to renew the insurance agent licence of Sandy Leigh Ulrich
June 6, 2024: FSRA imposes fourteen administrative penalties on Wilson Yip Chau
June 6, 2024: Your pension investments continue to grow despite a stifling economic climate
June 4, 2024: FSRA releases its Final Pension Plan Amendments Guidance
May 30, 2024: World Financial Group Insurance Agency of Canada Inc. agrees to compliance measures
May 30, 2024: FSRA takes enforcement action to better protect life and health insurance consumers
May 27, 2024: Disclosing Embedded Costs and Fees to Life Insurance Consumers
May 16, 2024: FSRA issues notice of proposal against Harold Gerstel, Harold the Mortgage Closer Inc., and Esther Gerstel Inc.
May 14, 2024: Consumers beware: Glendale Financial Group is not licensed to conduct insurance business in Ontario
May 14, 2024: Consumers Beware: Sunray Federal Credit Union is not a registered credit union in Ontario
May 7, 2024: FSRA issues notice of proposal against Forest City Funding Inc. and William Handsaeme
May 1, 2024: FSRA refuses to issue the mortgage agent licence of Dewan Ahmed
April 29, 2024: FSRA issues notice of proposal to revoke a licence and refuse a licence against Shah Ata Hussain Faridi
April 29, 2024: Raising Professionalism in the Mortgage Brokering Sector
April 29, 2024: FSRA issues notice of proposal to refuse to Issue licence to Gowthaman Balachandran
April 22, 2024: FSRA revokes the license of Reza Nezami-Nia
April 18, 2024: FSRA imposes an administrative penalty and licence conditions on James Michalopoulos
April 18, 2024: Taking action to further protect and inform consumers
April 17, 2024: FSRA Takes Steps to Safeguard Ontario's Insurance Consumers
April 16, 2024: Better Protecting Credit Union Members in Ontario
April 15, 2024: FSRA issues notice of proposal against Yashna Singh
April 12, 2024: Consumers Beware: avoid purchasing insurance from Dean Wright working in the Greater Toronto Area
April 11, 2024: Mortgage Brokerage Licences Revoked
April 10, 2024: Purchasing insurance? Avoid dealing with unqualified individuals
April 5, 2024: FSRA issues Notice of Proposal to Revoke and to Refuse to Issue Licence against Daumier Financial Services Inc., 1000532009 Ontario Ltd., Carmen Munoz Gutierrez, Ana Huang Yu, Andres Antonio Hernandez Silva, Maylin Rodriguez Perez, and Michael Lue
March 22, 2024: New designation approved for Financial Planner title use in Ontario
March 22, 2024: FSRA refuses to renew the licence and imposes administrative penalties against Aid Almusri
March 18, 2024: Credit union deposits in Ontario to be well protected
March 18, 2024: Rob Wellstood Appointed to the Board of Financial Services Regulatory Authority
March 12, 2024: FSRA refuses to renew the insurance agent licence of Sadrudin Khushal
March 11, 2024: Taking Steps to Improve Consumer Protection: FSRA finalizes guidance on financial penalties for those who do not follow the rules or break the law
March 6, 2024: Setting the Bar High for Ontario's Mortgage Agents and Brokers
March 1, 2024: CISRO reminds consumers to always work with a licensed insurance provider
March 1, 2024: Ontario's Financial Services Regulator Encourages Consumers To Verify Credentials With New Online Tool
February 29, 2024: Your retirement savings remain well protected in Ontario
February 22, 2024: Improving Protection for Property and Casualty Insurance Consumers
February 22, 2024: FSRA imposes administrative penalties against 1813404 Ontario Corp. o/a CSI Mortgages and Hansel Patrick
February 15, 2024: Think about the Kind of Retirement You want this Pension Awareness Day
February 14, 2024: FSRA issues notice of proposal against Lin Liang, Yujun (Janet) Shi and Yu (Jade) Wang
February 13, 2024: Lost and Found: What It Costs When You Lose Track of Your Pension Plan
February 8, 2024: Enhanced Industry Rule Provides Greater Protection for Ontario Life Insurance Consumers
February 7, 2024: Cost of Living Crunch Impacting Retirement Savings
February 1, 2024: FSRA issues Notice of Proposal against Michael Lampel and IFC Financial Inc. operating as Insurance for Children
January 29, 2024: FSRA issues notice of proposal against Karen Graham
January 25, 2024: FSRA takes enforcement action for Insurance Fraud against Gibson Wellness Centre Inc., Gibson Wellness Group Ltd., Sellamma Navaratnam and Thavendrarajah Krishnan (Krish Thavem)
January 25, 2024: FSRA refuses to renew licence and imposes administrative penalties against Stewart Edward Ranft
January 23, 2024: Enhancing Investor Protection in Ontario
January 18, 2024: FSRA refuses to renew licence and imposes administrative penalty against Vineet Anand
January 12, 2024: Ali Salahuddin Appointed to FSRA Board of Directors
January 11, 2024: FSRA imposes administrative penalties against Chris Oppong
January 10, 2024: Protecting Retirees and Consumers Nearing the End of Work
January 3, 2024: Helping Ontario's Credit Unions Manage the Risks of Commercial Lending

2023

December 22, 2023: FSRA revokes the licence of Gregory Joseph Martel
December 15, 2023: FSRA issues notice of proposal against Samuel Dawson
December 15, 2023: Ensuring Fair Treatment of Ontario's Auto Insurance Consumers
December 13, 2023: FSRA Establishes New Technical Advisory Committee to Better Protect Consumers
December 11, 2023: FSRA proposes to improve the transparency of its credit union supervision process
December 7, 2023: FSRA imposes administrative penalties against Arman Raymond Iskin and Streamline Mortgages Ltd. and a Compliance Order against Streamline Mortgages Ltd.
December 6, 2023: Ensuring Suitable Mortgage Product Advice for Ontarians
December 6, 2023: Protecting Consumers in the Market for Life and Health Insurance
December 5, 2023: FSRA issues notice of proposal against Nexus Seulal
November 27, 2023: Safeguarding Funds Entrusted to Mortgage Administrators
November 23, 2023: FSRA issues notice of proposal against Dewan Ahmed
November 22, 2023: Ontario pension plans remain financially healthy, safeguarding your retirement
November 22, 2023: FSRA imposes an administrative penalty and compliance order against Romeo Vitelli
November 21, 2023: Ensuring Ontario's Life Insurance Agents Treat Consumers Fairly
November 20, 2023: Make a Positive Difference in the Lives of Consumers in Ontario
November 17, 2023: Seeking Advice from the Mortgage Brokering Sector
November 15, 2023: FSRA takes action to protect the interests of Rapport Credit Union members
November 14, 2023: Promoting Greater Fairness and Flexibility for Pension Plan Members Upon Marriage Breakdown
November 14, 2023: Taking Steps to Better Protect Ontario Pension Plan Beneficiaries
November 8, 2023: Better protecting consumers against harmful IT risks
November 6, 2023: FSRA issues notice of proposal against Jaswinder Dhanoa
November 1, 2023: FSRA Sets Out Four Step Plan to Help Save Consumers Money and Prevent a Financial Headache
October 30, 2023: FSRA issues notice of proposal against James Hooker
October 19, 2023: FSRA imposes administrative penalties and compliance order against 1843538 Ontario Inc., carrying on business as McLaren Collision, and Fady Warda
October 19, 2023: FSRA issues Notice of Proposal against Eli Benzaquen
October 12, 2023: Investing in consumer education initiatives and research
October 12, 2023: FSRA issues notice of proposal against Manpreet Kaur Dhillon
October 10, 2023: FSRA issues notice of proposal against Preeti Amin, Raaj Vikash (Roger) Kalwaney, and Canada Mortgage Group Inc.
October 10, 2023: FSRA issues notice of proposal against Ranjit Dhillon, Aid Almusri, Kamal Dhillon and Mortgage Smart Inc.
October 10, 2023: FSRA will continue to prioritize consumer protection and effective principles-based regulation
October 3, 2023: Protecting Life and Health Insurance Consumers in Ontario
September 26, 2023: Detecting and Preventing Mortgage Fraud in Ontario
September 26, 2023: Supervising the Mortgage Broker Sector
September 15, 2023: FSRA revokes registration of the Pension Plan for Presidents of 1479888 Ontario Inc.
September 14, 2023: FSRA issues notice of proposal against Millicent Prince
September 12, 2023: Licences of Health Service Providers Suspended or Revoked
September 11, 2023: FSRA issues Notice of Proposal against Noella Caspersz
September 7, 2023: FSRA revokes the licence of Liset Jimenez Rodriguez
August 31, 2023: FSRA issues notice of proposal against Sumit Pal Singh
August 17, 2023: Defined Benefit pension plans in Ontario remain financially strong
August 15, 2023: Guidance Consultation - Pension Plan Administrator Roles and Responsibilities
August 11, 2023: FSRA revokes the licence of Amin Mohammad Ali
August 10, 2023: Reducing the Risk to Consumers Who Invest in Crypto Assets
August 10, 2023: Strengthening Consumer and Investor Protection in Ontario
August 8, 2023: FSRA issues Notice of Proposal against Harold the Mortgage Closer Inc. and Harold Gerstel
August 3, 2023: Helping Consumers Get Fair Access to Auto Insurance
August 3, 2023: FSRA imposes administrative penalties against Aviva Insurance Company of Canada and S&Y Insurance Company
July 31, 2023: Protecting and informing consumers: have your say about how and why FSRA issues public warning notices
July 27, 2023: FSRA issues Notice of Proposal against 1813404 Ontario Corp. o/a CSI Mortgages and Hansel Patrick
July 20, 2023: Lucie Tedesco appointed to FSRA Board of Directors
July 17, 2023: FSRA issues Notice of Proposal against Manpreet Ghai
July 17, 2023: Kostyantyn Poshtarenko is not licensed to conduct insurance business in Ontario
July 17, 2023: FSRA revokes the licence of My Mortgage Auction Corp.
July 13, 2023: FSRA issues Notice of Proposal against Sadrudin J. Khushal
June 26, 2023: FSRA issues Notice of Proposal against Tejpal Mann and Daniel Emmerson Tiffin and imposes an administrative penalty on Daniel Emmerson Tiffin
June 22, 2023: FSRA issues Notice of Proposal and Interim Suspension Order against My Mortgage Auction Corp. and Gregory Joseph Martel
June 15, 2023: FSRA Revokes Licence, Refuses to Renew Licence and Imposes Administrative Penalties against Susan Keshen
June 6, 2023: Peggy McCallum appointed to FSRA Board of Directors
June 2, 2023: FSRA revokes licence of Yogender Jain and imposes administrative penalties against Yogender Jain and Gold Standard Group Inc.
May 30, 2023: FSRA issues Notice of Proposal to Refuse to Renew Licence and Impose Administrative Penalties against Stewart Edward Ranft
May 26, 2023: FSRA Takes Enforcement Action Against Hi-Rise Capital Ltd. and Dimitrios ("Jim") Neilas
May 25, 2023: FSRA revokes the licences of First Swiss Mortgage Corp.
May 18, 2023: FSRA refuses to issue licence to Parkside Village Therapy Inc .
May 17, 2023: Strengthening Protection for Ontario Life Insurance Consumers
May 17, 2023: FSRA issues Notice of Proposal against James Michalopoulos
May 11, 2023: Majority of Ontario Pension Plans Continue to Get Stronger
May 4, 2023: FSRA issues Notice of Proposal against Murteza Mohamedali
May 2, 2023: FSRA imposes administrative penalty against Daniel Conrado
May 2, 2023: FSRA Takes Action to Protect Consumers of Life and Health Insurance
May 1, 2023: FSRA issues Notice of Proposal against Arman Raymond Iskin and Streamline Mortgages Ltd.
April 27, 2023: FSRA imposes administrative penalties against Jeshuren Anandarajah and issues compliance orders against Jeshuren Anandarajah, Noah's Ark Community Centre and NACC Legal Services
April 25, 2023: FSRA imposes an administrative penalty against Mohd Tanvir and Satinder Kaur
April 24, 2023: FSRA Executive Vice-President to Lead Canada's Insurance Regulators
April 24, 2023: FSRA issues Notice of Intended Decision against Canada Forgings Inc.
April 17, 2023: FSRA imposes administrative penalties against Michael Stoddart
April 6, 2023: FSRA issues Notice of Proposal against World Financial Group Insurance Agency of Canada Inc.
April 4, 2023: FSRA revokes the licence of Saadia Ali and refuses to renew the licence of Anusha Financial Group Inc.
March 28, 2023: Deterring Fraud in Ontario's Mortgage Brokering Sector
March 28, 2023: FSRA issues Notice of Proposal and Interim Suspension Order against First Swiss Mortgage Corp. and Reza Nezami-Nia
March 27, 2023: Taking Steps to Improve Consumer Protection
March 27, 2023: More Financial Advisors in Ontario to Have Their Credentials Officially Approved
March 24, 2023: FSRA issues Notice of Proposal and interim suspension order against Ian Vilafana and Valor Financial Corp.
March 21, 2023: FSRA issues compliance orders and imposes administrative penalties against Sobenna Green, Jermaine Scott and Pinyatas Lounge Inc.
March 20, 2023: Court appointment of receiver for First Swiss Mortgage Corp.
March 20, 2023: FSRA issues Notice of Proposal against Pritpal Sandhu
March 13, 2023: FSRA issues Notice of Proposal against Yogender Jain, Gold Standard Group Inc. and Daniel Emerson Tiffin
March 7, 2023: FSRA issues Notice of Proposal against Vineet Anand
March 1, 2023: Majority of Ontarians Believe Auto Insurance Fraud is Prevalent in the Province
February 28, 2023: Improving Consumer Protection and Confidence in Ontario's Insurance Sector
February 27, 2023: More Ontarians Expected to Get into Private Mortgages
February 23, 2023: FSRA Mortgage Specialist to Lead National Effort to Better Protect Consumers
February 22, 2023: FSRA issued compliance order against Mark Dennis Carter, Earthink Incorporated and Earthink GmbH
February 16, 2023: FSRA Launches its First Annual Pension Awareness Day
February 14, 2023: Majority of Ontario Pension Plans Remained Strong in 2022
February 6, 2023: More Should Be Done to Encourage Ontarians to Save for Retirement
January 31, 2023: FSRA issues Notice of Proposal against Daniel Conrado
January 26, 2023: New members appointed to FSRA's Consumer Advisory Panel to help inform the organization's direction and decisions
January 25, 2023: FSRA Strikes New Advisory Committee to Help Make Ontario's Auto Insurance System Better for Consumers
January 23, 2023: FSRA aims to improve Credit Union operational risk management and resilience to better protect Ontario consumers
January 23, 2023: Actively Guarding Against Cyber Threats to Better Protect Consumers
January 3, 2023: FSRA issues Notice of Proposal against Andrew Shaul Psychology Professional Corporation

2022

December 22, 2022: FSRA issues Compliance Order against Greatway Financial Inc.
December 22, 2022: FSRA continues implementation of FA/FP framework
December 19, 2022: FSRA Releases Updated Minimum Capital Test Guidance for Ontario P&C Insurers
December 06, 2022: Update on Relm Insurance Limited in Bermuda
November 28, 2022: Taking steps to ensure health service providers comply with the law
November 25, 2022: Public Feedback Sought on Proposed Changes to Deferred Sales Charges Investors are Required to Pay
November 23, 2022: FSRA Warns Consumers to Avoid Unlicensed Mortgage Broker in Ontario
November 23, 2022: Consultation opens for FSRA's proposed Differential Premium Score (DPS) Methodology for Credit Unions
November 22, 2022: Ontario consumers should avoid using Canada Lending Corp to obtain a mortgage
November 17, 2022: The financial health of Ontario's Defined Benefit pension plans remained stable in Q3 despite continuing economic uncertainty
November 16, 2022: FSRA releases final Guidance on requirements to take certain actions to avoid deregistration under the Income Tax Act
November 8, 2022: FSRA issues a compliance order and imposes administrative penalty against Mohammad Islam also known as Islam Mohammad
November 7, 2022: Poll finds the majority of Ontarians are turning to the Internet, word of mouth or social media to inform investment decisions
October 31, 2022: FSRA Resolves Hundreds of Complaints in its Regulated Sectors
October 31, 2022: FSRA refuses to renew the licence of Sanjay Pahuja
October 24, 2022: FSRA issues Notice of Proposal against Greatway Financial Inc.
October 13, 2022: Have your say on FSRA's proposed priorities
September 29, 2022: FSRA issues Notice of Proposal against Sudeep Sharma
September 28, 2022: FSRA Takes Action to Ensure Those in the Life and Health Insurance Sector Treat Customers Fairly
September 23, 2022: FSRA imposes administrative penalty against Elvira Montoya
September 20, 2022: FSRA is Assisting Auto Insurance Companies to Better Manage Risk and Offer Consumers Accurate Rates
September 15, 2022: FSRA issues Notice of Proposal against Mohammad Islam, also known as Islam Mohammad
September 13, 2022: FSRA issues Notice of Proposal against Mohd Tanvir and Satinder Kaur
September 9, 2022: FSRA suspends 106 health service provider licences for non-compliance
September 1, 2022: FSRA settles enforcement action with Chad E. Martin
September 1, 2022: CSI Approved for Financial Advisor Title Use in Ontario
August 31, 2022: FSRA Takes Action to Ensure Health Service Providers Fulfill the Duties of their Licence
August 30, 2022: FSRA issues Notice of Proposal against Daniel George Gordon and Gordon Wealth Management Limited
August 25, 2022: FSRA revokes the licence of Financial Ties Ltd. and imposes administrative penalties against Financial Ties Ltd. and Moninder Khudal
August 22, 2022: FSRA warns consumers that HonoUno is not a registered Credit Union in Ontario
August 18, 2022: FSRA Takes Steps to Improve Cybersecurity in the Mortgage Brokering Sector
August 16, 2022: Ontario's Defined Benefit Pension Plans Continue to be Healthy Despite Current Economic Trends
August 15, 2022: FSRA issues Notice of Proposal against Jay Sanjay Patel, Nirali Chandrakant Patel and Pratik Gohel
August 15, 2022: FSRA Seeks Public Feedback on Proposed Guidance on Requirements to Take Certain Actions to Avoid Deregistration Under the Income Tax Act
August 15, 2022: FSRA Seeks Public Feedback on its Proposed Guidance that Clarifies Requirements for Pension Plan Amendments to Protect Plan Members
July 28, 2022: FSRA Takes Steps to Ensure Ontario Homebuyers are Protected
July 13, 2022: FSRA refuses to issue a licence to Aman Maharaj
June 30, 2022: Exercise caution before using Relm Insurance Limited in Bermuda
June 30, 2022: FSRA issues Notice of Proposal against Saadia Ali, Amin Mohammad Ali and Anusha Financial Group Inc.
June 30, 2022: FSRA imposes compliance order on Canadian Life Settlements Inc.
June 27, 2022: FSRA issues Notice of Proposal against Susan Keshen and Michael Stoddart
June 27, 2022: FSRA issues Notice of Proposal against Aman Maharaj
June 21, 2022: FSRA imposes administrative penalties against Mark Dennis Carter
June 20, 2022: FSRA imposes administrative penalties against Harvinder Gill
June 17, 2022: FSRA issues Notice of Proposal against Elvira Montoya
June 16, 2022: FSRA imposes administrative penalties against Harjot Singh
June 16, 2022: FSRA refuses to renew the licence of John Willoughby
June 13, 2022: FSRA issues Notice of Proposal against Mark Dennis Carter
June 10, 2022: FSRA issues Notice of Proposal against Financial Ties Ltd., Moninder Khudal, Harjot Singh, and Harvinder Gill
May 31, 2022: FSRA Implements Temporary Measures to Support People Impacted by Ontario's Recent Severe Weather Event
May 18, 2022: FSRA revokes licence of Dinesh Khanna
May 17, 2022: FSRA imposes administrative penalties against Meerwise Wais Habibzi
May 17, 2022: FSRA imposes administrative penalty against Sandeep Singh Dhaliwal
May 4, 2022: FSRA approves third credentialing body to grant and oversee Financial Planner title use in Ontario
May 3, 2022: FSRA issues Notice of Proposal against Sanjay Pahuja
May 3, 2022: Exercise Caution Before Using General Invest Bank in Timmins
May 2, 2022: FSRA warns consumers about unlicensed operator Vip Sris offering mortgage brokering services in Ontario
April 29, 2022: Whistle-blower Program Introduced to Help Identify Misconduct in the Non-securities Financial Services and Pensions Sectors
April 29, 2022: The financial health of Ontario's Defined Benefit pension plans continues to improve in first quarter of 2022
April 28, 2022: FSRA Takes Steps to Balance Credit Union Growth with Member Protection
April 27, 2022: FSRA imposes a compliance order and administrative penalties against Peter Maccabe and 2070375 Ontario Inc. o/a McGill Health Services
April 27, 2022: FSRA Takes Steps to Ensure Large Credit Unions Have Plans in Place to Better Protect Their Members
April 26, 2022: Funding research and educational initiatives at FSRA
April 25, 2022: FSRA revokes the licence of Millicent Prince
April 21, 2022: Better Protecting Consumers with New Requirements for the Mortgage Brokering Sector
April 12, 2022: FSRA imposes administrative penalty against Oded Oliver Beer and amends agent's licence with conditions
April 12, 2022: FSRA imposes administrative penalties against Kaleido Financial Ltd. and David Martino
April 11, 2022: Two Credentialing Bodies Approved for Financial Planner and Financial Advisor Title Use in Ontario
April 7, 2022: Call for members for FSRA's Health Service Provider Stakeholder Advisory Committee
April 7, 2022: Health service provider licences revoked or suspended for not complying with licence requirements
April 6, 2022: Steps are Being Taken to Increase Public Trust and Confidence in Ontario's Insurance Sector
April 1, 2022: MBRCC publishes draft cybersecurity preparedness guidance for Canadian mortgage brokers
April 1, 2022: Proposed cybersecurity guidance will lead to better protection for those using mortgage brokering services
March 31, 2022: Consumers Warned to Avoid Using Credivo Financial Service in Ottawa to Obtain a Mortgage
March 29, 2022: New life and health agent supervisory framework enhances consumer protection
March 28, 2022: FSRA takes steps to enhance public confidence in the credit union sector and better protect consumers
March 23, 2022: FSRA approves Ontario's first new credit union in more than a decade
March 23, 2022: Ontario strengthens consumer protection by regulating who can use Financial Planner and Financial Advisor titles
March 21, 2022: Homeowners Across Ontario Need to be Aware of Door-to-Door Scams
March 11, 2022: FSRA warns consumers to avoid using an individual in Richmond Hill to obtain a mortgage
March 2, 2022: New Credit Union Rules Strengthen the Sector and Further Protect Depositors
February 28, 2022: Steps are being taken to provide consumers with greater protection and clarity when dealing with Financial Planners and Financial Advisors
February 25, 2022: New Reporting Requirements for Life and Health Insurance Agents Designed to Better Protect Consumers
February 18, 2022: FSRA imposes administrative penalty against Muhammad Bajwa
February 17, 2022: Drivers Encouraged to Shop Around When Purchasing or Renewing Their Auto Insurance
February 17, 2022: Guidance to Improve the Credit Union Sector Now Out for Public Consultation
February 16, 2022: The financial health of Ontario's Defined Benefit pension plans improved steadily in 2021
February 14, 2022: Public Feedback Sought on Aspects of the Pension Benefits Guarantee Fund
February 11, 2022: Proposed new licensing requirements to help mortgage agents and brokers better serve consumers and investors
February 4, 2022: FSRA submits its proposed credit union rules designed to strengthen the credit union sector to the Minister for approval
February 2, 2022: FSRA warns consumers to avoid using Aproov Mortgage
February 1, 2022: FSRA releases final guidance confirming the exemption of certain businesses from holding a mortgage brokerage licence
January 27, 2022: FSRA Encourages Financial Services Leaders and Consumers to Establish a Two-Way Dialogue
January 24, 2022: FSRA encourages and supports Innovation that benefits Ontario's financial services consumers
January 20, 2022: Call for members for FSRA Stakeholder Advisory Committees
January 19, 2022: FSRA Encourages Ontarians to Research Mortgage Options
January 14, 2022: FSRA proposes to strengthen consumer protection through its new Financial Professionals Title Protection Rule and Fees
January 11, 2022: FSRA introduces new measures to further protect Ontarians and improve public confidence in the financial services sectors

2021

December 20, 2021: FSRA Warns Consumers about Unlicensed Individuals Offering Automobile Insurance for cash in Ontario
December 8, 2021: FSRA Launches Auto Insurance Guidance to help ensure Consumers are Treated Fairly
December 7, 2021: FSRA takes steps to help detect and prevent mortgage fraud
November 8, 2021: FSRA affirms that automatic features in defined contribution pension plans are not prohibited by law
October 21, 2021: FSRA Releases its Innovation Framework for Public Consultation
October 19, 2021: FSRA identifies supervision focus in the health service provider sector
October 7, 2021: FSRA Seeking Feedback on its 2022-2023 Statement of Priorities
August 25, 2021: Ellite Cryptominer is not licensed by the Financial Services Regulatory Authority of Ontario to conduct securities business
August 18, 2021: FSRA seeks feedback on licence exemption guidance for mortgage transactions between sophisticated entities
August 5, 2021: FSRA publishes final guidance on mortgage brokering sector Code of Conduct
July 14, 2021: FSRA Releases its Revised Proposed Unfair or Deceptive Acts or Practices Rule for Public Consultation
July 8, 2021: Claims Help Center is not licensed to conduct public claims adjusting services in Ontario
June 29, 2021: FBC GROUP is not licensed to conduct mortgage business in Ontario
June 28, 2021: Kathryn Bouey Re-appointed to FSRA Board
June 28, 2021: FSRA Consultation on Credit Union Market Conduct Framework Approach and Interpretation Guidance
June 25, 2021: FSRA releases 2020-2021 health service provider compliance report
June 23, 2021: FSRA Issues Guidance on Bank of Canada Revisions to Real Return Bond Data
June 17, 2021: FSRA Imposes Administrative Penalties on John Moran and Lyon Financial Services
May 21, 2021: FSRA releases its strategic priorities and activities for the next three years
May 10, 2021: FSRA promotes high standards of insurance agent conduct to protect consumers
April 7, 2021: Capital Lending Financial is not licensed to conduct mortgage business in Ontario
March 10, 2021: FSRA Releases Final Guidance to Increase Regulatory Efficiency in Syndicated Mortgage Investments
February 9, 2021: Scott Satov and Loans Canada are not licensed to conduct mortgage business in Ontario
January 29, 2021: FSRA Is Releasing New Principles-based Guidance to Support Prudent Residential Mortgage Risk Management
January 27, 2021: FSRA Seeks Public Feedback on the Proposed Guidance on Recovery Planning--Consultation Opens Today
January 13, 2021: FSRA Announces New Member of Board of Directors
January 12, 2021: Islam Mohammad is Not Licensed to Conduct Mortgage Business in Ontario

2020

December 23, 2020: Mediation is proposed as next step for PACE Investor Claimants
December 22, 2020: FSRA announces a common approach to treating insurance customers fairly
December 14, 2020: FSRA working with the Ontario government to improve regulatory efficiency and effectiveness for the pension sector
December 14, 2020: David Finnie has been appointed CEO of PACE Credit Union effective December 21, 2020
November 27, 2020: FSRA proposes enhanced mortgage brokering conduct standards to protect consumers
November 20, 2020: FSRA Resumes Oversight of PACE Credit Union’s Day-to-Day Operations
November 6, 2020: FSRA warns the public about employment offers linked to buying life insurance
Octobler 27, 2020: FSRA Announces New Member of Board of Directors
Octobler 5, 2020: FSRA enhances protections for investors of high-risk offerings by co-operative corporations
Octobler 1, 2020: Empowering Auto Insurance Consumers with More Information and $1B in Relief
September 24, 2020: FSRA Delivering on its Commitment to Performance Reporting by Introducing Service Standards
September 10, 2020: FSRA Imposes Administrative Penalty of $250,000 on Fortress Real Development Inc.
August 13, 2020: FSRA Working to Promote Consumer Confidence in Financial Planning and Advisory Services
August 06, 2020: Protecting Investors of Syndicated Mortgages
July 22, 2020: Sukhdippal Singh Matharu and Popular Mortgages are Not Licensed to Conduct Mortgage Business In Ontario
July 21, 2020: FSRA leveraging data, analytics and technology to improve regulatory effectiveness: Call for Members to Join New Technical Advisory Committee for Auto Insurance Data and Analytics Strategy
July 17, 2020: FSRA promotes high standards of business conduct in the life and health insurance sector
July 6, 2020: Public Consultation is Now Open for FSRA's Loss Trend Benchmarks for Private Passenger Automobile Major Rate Filings
June 23, 2020: Working With Pension Sector to Help Ensure Members Receive Their Benefits
June 18, 2020: Temporary Relief Measures Help Pension Plans Ease Their Administrative Burden
June 17, 2020: FSRA Encourages Ontario's Auto Insurers to Explore Further Relief Measures as COVID-19 Continues to Impact Consumers
June 8, 2020: Achieving Financial Safety, Fairness and Choice in Ontario - FSRA demontrates Significant Progress in Year One
June 3, 2020: FSRA Releases Guidance Aimed at Protecting Auto Insurance Claimants While Physical Distancing Restrictions in Place
May 22, 2020: FSRA Announces New Measures to Support Pension Plans During Current Period of Disruption
May 15, 2020: FSRA Releases Loss Trend Benchmarks for Private Passenger Automobile Major Rate Filings Guidance and Public Consultation Summary Report
May 12, 2020: FSRA Increases Protections for Consumers of Mortgage-Based Investments
May 7, 2020: Credit Union Capital Treatment of Loans under the Federal Government Business Credit Availability Program
April 27, 2020: FSRA Extends Deadline for Insurance Agents to Renew Licences
April 24, 2020: FSRA Releases Pension Sector Emergency Management Response
April 23, 2020 - New Credit Union Deposit Insurance Advertising Rule Approved by Minister of Finance
April 16, 2020 - FSRA Releases Guidance to Support Insurers in Providing Emergency Relief to Auto Insurance Consumers
April 2, 2020 - FSRA Issues Update on Mortgage Administrator Invoicing
March 27, 2020 - FSRA Announces Changes to Regulatory Requirements Due to COVID-19
March 16, 2020 - FSRA Statement of Business Continuity
March 6, 2020 - Building a Foundation for Regulatory Effectiveness