Company: Financial Services Commission of Ontario

158 results found

Four firms fined, several individual mortgage brokers’ licenses revoked

The regulator will begin sending out questionnaires to some advisors who are deemed to be higher risk to determine if they need a more in-depth compliance review

For the most part, this demographic is not familiar with critical components of their policies, such as “rescission rights” and “coinsurance”

  • By: Leah Golob
  • November 2, 2017 October 17, 2019
  • 13:10

The sanctions show that the province's regulatory system is protecting the public interest, Ontario finance minister says

In part, this was because the insurance regulator focused its compliance examinations in the latest year on agents with a high or medium risk of non-compliance

FSCO says broker Gagandeep Duggal and agent Zaheer Mohammad were found to be in non-compliance

Police issue scam alert regarding Stride Lending Group

New Brunswick regulator reports increase in suspected fraud

Some individuals are being sent letters and cheques citing payment for a mystery shopper assignment for the Insurance Institute of Canada

  • By: IE Staff
  • February 10, 2017 February 15, 2019
  • 14:45

FSCO found insufficient adoption of best practices

Industry applauds Sousa’s regulatory proposals

The bill also includes provisions to dissolve the Ontario Retirement Pension Plan (ORPP) Administration Corp.