Apr 24, 2024 | Mortgage and Real Estate Investment Vehicles, Regulatory Compliance
The Financial Services Regulatory Authority of Ontario (FSRA) recently released its 2024-27 Annual Business Plan (Plan) setting out its core strategy for the next three fiscal years. The Plan incorporates FSRA’s priorities and objectives, risk identification,...
Apr 24, 2024 | Regulatory Compliance
Earlier this month, the Financial Services Regulatory Authority of Ontario (FSRA) sent out a notice reminding industry members that the transition period for using the Financial Advisor title (or similar titles) in Ontario has ended. A person is required to have an...
Aug 31, 2023 | Regulatory Compliance
In 2019, the Ontario government introduced the Financial Professionals Title Protection Act (FPTPA) which established minimum standards for the use of Financial Planner (FP) and Financial Advisor (FA) titles in the province. The legislation came into force in March of...
Jan 31, 2023 | Investment Funds, Regulatory Compliance
The Financial Services Regulatory Authority of Ontario (FSRA) announced in December that it was giving industry participants that use the title of “financial advisor” or “financial planner” more time to comply with its Financial Professionals Title Protection...
May 31, 2022 | Regulatory Compliance
Recent amendments to the Financial Services Regulatory Authority of Ontario Act, 2016 (FSRA Act), effective April 29, 2022, marks the Financial Services Regulatory Authority of Ontario’s (FSRA) ongoing efforts to help identify misconduct in the non-securities...
Mar 31, 2022 | Investment Funds, Regulatory Compliance
As reported in a number of previous AUM Law bulletins, the Financial Services Regulatory Authority of Ontario (FSRA) had released Rule 2020-001 Financial Professionals Title Protection under the Financial Professionals Title Protection Act, 2019, the purposes of which...
Nov 30, 2021 | Regulatory Compliance
The Financial Services Regulatory Authority of Ontario (FSRA) has released additional proposed changes to its draft Financial Professionals Title Protection (FPTP) Application Guidance, which describes its approach to the administration of applications for...
May 31, 2021 | Regulatory Compliance
On May 11, 2021, the Financial Services Regulatory Authority of Ontario (“FSRA”) proposed for a second time Rule 2020-001 Financial Professionals Title Protection under the Financial Professionals Title Protection Act, 2019. As a reminder, FSRA’s title protection...
Aug 31, 2020 | Regulatory Compliance
On August 13, the Financial Services Regulatory Authority of Ontario (FSRA) published for comment Proposed Rule [2020-001] Financial Professional Title Protection (Rule), which will require individuals who use either the financial advisor (FA) or financial planner...
