Company:Financial Services Regulatory Authority of Ontario
| Autorité ontarienne de réglementation des services financiers | |
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| Agency overview | |
|---|---|
| Formed | 2016 |
| Preceding agencies |
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| Type | Crown agency |
| Jurisdiction | Government of Ontario |
| Headquarters | 5160 Yonge Street, 16th Floor Toronto, Ontario [ ⚑ ] 43°41′10″N 79°23′36″W / 43.686220°N 79.393340°W |
| Minister responsible |
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| Agency executives |
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| Key document |
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| Website | www |
The Financial Services Regulatory Authority of Ontario (FSRA; French: Autorité ontarienne de réglementation des services financiers) is a self-funding Crown agency which acts as the financial regulator for the Canadian province of Ontario. Established in 2016, FSRA officially succeeded its predecessor agencies – the Financial Services Commission of Ontario and the Deposit Insurance Corporation of Ontario – on June 8, 2019.[1] The Financial Services Regulatory Authority of Ontario operates at arms-length from the Government of Ontario, and reports to the Legislative Assembly of Ontario through the Minister of Finance.
Regulated sectors
FSRA regulates the insurance, credit union, caisse populaire, mortgage brokerage, loan, trust, and pension administration sectors in Ontario.[2][3] Additionally it provides deposit insurance for members of provincially-incorporated credit unions and caisses populaires.[4]
See also
- Ontario Securities Commission
- Pension regulation in Canada
- List of financial regulatory authorities by jurisdiction
References
- ↑ Osental, Duffie (10 June 2019). "Ontario launches new insurance regulator" (in en). Insurance Business (Key Media). https://www.insurancebusinessmag.com/ca/news/breaking-news/ontario-launches-new-insurance-regulator-169482.aspx.
- ↑ "About FSRA". https://www.fsrao.ca/about-fsra.
- ↑ Meckbach, Greg (11 June 2019). "FSRA takes over Ontario insurance oversight from FSCO". Canadian Underwriter (Newcom Media). https://www.canadianunderwriter.ca/legislation-regulation/fsra-takes-over-ontario-insurance-oversight-from-fsco-1004164432/.
- ↑ "Deposit Insurance and Credit Unions". https://www.fsrao.ca/consumers/deposit-insurance-and-credit-unions.
External links
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