INDUSTRY NEWS
It is with great pleasure that we announce that the Chief Executive Officer of Financial Services Regulatory Authority – Ontario (FSRA) will be a guest speaker at CMBA Ontario’s Annual Conference on April 4, 2019. Mr. White will speak about the launch of FSRA and how it will regulate the mortgage brokerage industry. This your opportunity to hear directly from the industry’s new regulator and find out what will be changing in 2019 and beyond.
FSRA will be assuming the regulatory functions currently delivered by the Financial Services Commission of Ontario and the Deposit Insurance Corporation of Ontario. In preparation for the transition, FSRA has announced new executive leadership appointments.
The team is comprised of individuals who have extensive experience in the sectors FSRA will regulate. In its announcement letter FSRA explains that the leadership team will be “responsible for supporting innovation and growth in the regulated sectors, driving continuous improvement and efficiencies across FSRA, and championing a culture that is effective, forward-looking, collaborative, empowered and decisive”.