Financial Services Regulatory Authority of Ontario

Financial Services Regulatory Authority of Ontario
Autorité ontarienne de réglementation des services financiers
Agency overview
Formed	2016
Preceding agencies	Financial Services Commission of Ontario; Deposit Insurance Corporation of Ontario;
Type	Crown agency
Jurisdiction	Government of Ontario
Headquarters	5160 Yonge Street, 16th Floor; Toronto, Ontario; Coordinates: 43°41′10″N 79°23′36″W / 43.686220°N 79.393340°W
Minister responsible	Rod Phillips, Minister of Finance;
Agency executives	Mark White, CEO; Bryan P. Davies, Chair;
Key document	Financial Services Regulatory Authority of Ontario Act, 2016;
Website	www.fsrao.ca

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 province of Ontario, Canada. 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]

References[]

^ Osental, Duffie (10 June 2019). "Ontario launches new insurance regulator". Insurance Business. Key Media. Retrieved 6 February 2020.
^ "About FSRA". Financial Services Regulatory Authority of Ontario. Retrieved February 6, 2020.
^ Meckbach, Greg (11 June 2019). "FSRA takes over Ontario insurance oversight from FSCO". Canadian Underwriter. Newcom Media. Retrieved 6 February 2020.
^ "Deposit Insurance and Credit Unions". Financial Services Regulatory Authority of Ontario. Retrieved 6 February 2020.

External links[]

Official website

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[1] Osental, Duffie (10 June 2019). "Ontario launches new insurance regulator". Insurance Business. Key Media. Retrieved 6 February 2020.

[2] "About FSRA". Financial Services Regulatory Authority of Ontario. Retrieved February 6, 2020.

[3] Meckbach, Greg (11 June 2019). "FSRA takes over Ontario insurance oversight from FSCO". Canadian Underwriter. Newcom Media. Retrieved 6 February 2020.

[4] "Deposit Insurance and Credit Unions". Financial Services Regulatory Authority of Ontario. Retrieved 6 February 2020.

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Financial Services Regulatory Authority of Ontario

Contents

Regulated sectors[]

See also[]

References[]

External links[]

Agency overview
Autorité ontarienne de réglementation des services financiers

Formed	2016 (2016)
Preceding agencies	Financial Services Commission of Ontario Deposit Insurance Corporation of Ontario
Type	Crown agency
Jurisdiction	Government of Ontario
Headquarters	5160 Yonge Street, 16th Floor Toronto, Ontario Coordinates: 43°41′10″N 79°23′36″W / 43.686220°N 79.393340°W / 43.686220; -79.393340
Minister responsible	Rod Phillips, Minister of Finance
Agency executives	Mark White, CEO Bryan P. Davies, Chair
Key document	Financial Services Regulatory Authority of Ontario Act, 2016
Website	www.fsrao.ca