COVID-19 – FSRA provides some regulatory relief
Ontario’s provincial pension plan regulator, the Financial Services Regulatory Authority of Ontario, recently published a communication detailing its response to the COVID-19 pandemic.
Financial Services Regulatory Authority of Ontario
FSRA targets efficient and streamlined regulation for Ontario credit unions, insurers, pension plans, and mortgage brokers
As previously reported, the Ontario government is moving ahead to support financial regulatory reform including by establishing the Financial Services Regulatory Authority (FSRA), the new Ontario provincial regulator for provincially regulated insurers, credit unions, loan and trust corporations, pension plans, mortgage brokers and certain auto insurance service providers.
The Financial Services Regulatory Authority of Ontario
Effective June 8, 2019, the Ontario government launched the Financial Services Regulatory Authority of Ontario (FSRA), which is a new independent and self-funded regulator of financial services and pensions that is intended to help reduce regulatory burden, among other things.
