Financial Services Regulatory Authority (FSRA) Revenue and Competitors

The Financial Services Regulatory Authority of Ontario (FSRA) is a new, independent regulatory agency created to improve consumer and pension plan beneficiary protections in Ontario. FSRA was established on the recommendation of an independent expert advisory panel that reviewed the mandates of the Financial Services Commission of Ontario (FSCO), the Financial Services Tribunal (FST) and the Deposit Insurance Corporation of Ontario (DICO). It is currently establishing operations with a plan to assume responsibilities from existing regulatory agencies in 2019. FSRA will be an modern, flexible, self-funded regulator capable of responding to the dynamic pace of change in marketplace, industry and consumer expectations. When operational, FSRA will - support business investment, competition and innovation; - respond to changes in industry and consumer expectations; and - better protect Ontarians who buy insurance (property; casualty including auto; life; health; annuities and life-related investment products); do business with credit unions, loan and trust companies; use mortgage brokers; and rely on pension plans For more information, visit www.fsrao.ca