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ARTICLE · 06 JUNE 2023

It's Business Plan Season – FSRA's Annual Plan

Borden Ladner Gervais LLP
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The Financial Services Regulatory Authority of Ontario (FSRA) recently released its annual business plan for its 2023-2026 activities (the Business Plan). The Business Plan includes reference...

CanadaFinance and Banking

The Financial Services Regulatory Authority of Ontario (FSRA) recently released its annual business plan for its 2023-2026 activities (the Business Plan). The Business Plan includes reference to FSRA's 2023-2024 statement of priorities which was the subject of a consultation last fall (and described in our bulletin here), and stakeholder feedback was incorporated into the Business Plan.

The Business Plan references four overall priorities: strengthen consumer focus, modernize systems and processes, enable innovation and enhance FSRA's talent management framework and strategy. Our brief summary below describes FSRA's specific priorities as they impact the mortgage brokerage sector and financial planners and financial advisors under FSRA's Financial Professionals Title Protection Framework.

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