Financial Services Regulatory Authority of Ontario

Financial Services Regulatory Authority of Ontario
Autorité ontarienne de réglementation des services financiers
Agency overview
Formed2016 (2016)
Preceding agencies
  • Financial Services Commission of Ontario
  • Deposit Insurance Corporation of Ontario
TypeCrown agency
JurisdictionGovernment of Ontario
Headquarters25 Sheppard Avenue West, Suite 100
Toronto, Ontario
43°41′10″N 79°23′36″W / 43.686220°N 79.393340°W / 43.686220; -79.393340
Minister responsible
Agency executives
  • Dexter John, CEO[1]
  • Joanne De Laurentiis, Chair[2]
Key document
  • Financial Services Regulatory Authority of Ontario Act, 2016
Websitewww.fsrao.ca

The Financial Services Regulatory Authority of Ontario (FSRA; French: Autorité ontarienne de réglementation des services financiers) is a Crown agency which acts as the financial regulator for the Canadian province of Ontario. Established in 2016, the FSRA superseded its two predecessor agencies, the Financial Services Commission of Ontario and the Deposit Insurance Corporation of Ontario on June 8, 2019.[3] The Financial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.[4][5] Additionally it provides deposit insurance for members of provincially-incorporated credit unions and caisses populaires.[6]

See also

References

  1. ^ "Law'98 grad to head Ontario's financial services regulator". Queen's Law. 2025-02-25. Retrieved 2025-10-11.
  2. ^ "Joanne De Laurentiis to chair regulator". insurance-portal.ca. 2021-06-30. Retrieved 2025-10-11.
  3. ^ Osental, Duffie (10 June 2019). "Ontario launches new insurance regulator". Insurance Business. Key Media. Retrieved 6 February 2020.
  4. ^ Meckbach, Greg (11 June 2019). "FSRA takes over Ontario insurance oversight from FSCO". Canadian Underwriter. Newcom Media. Retrieved 6 February 2020.
  5. ^ Lourenco, Denio (2025-04-14). "Regulators say there is a 'concerning trend' of insurance agents working without a valid licence". CityNews Toronto. Retrieved 2025-10-11.
  6. ^ "More GTA homebuyers turning to private lenders. Here's what you need to know". CBC News. 2022-08-31. Retrieved 2025-10-11.