Debbie Scott has a wealth of experience in compliance and regulatory matters in the financial services industry. Debbie has held various roles such as Technical Lead and Senior Compliance Officer at FSRA, and Regional Compliance Consultant at Canada Life. With a strong background in securities legislation, insurance, and regulatory policies, Debbie has provided guidance to advisors and management on maintaining compliant business practices. Starting from roles at AEGON Canada and Investment Planning Counsel to their current position at FSRA, Debbie has demonstrated expertise in ensuring adherence to industry regulations throughout their career.
Financial Services Regulatory Authority of Ontario (FSRA)
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 to replace the Financial Services Commission of Ontario (FSCO) and the Deposit Insurance Corporation of Ontario (DICO). The agency is flexible, self-funded and designed to respond rapidly to an evolving commercial and consumer environment. In this capacity, FSRA will: • Promote high standards of business conduct • Foster a sustainable, competitive financial services sector • Respond to market changes quickly • Promote good administration of insurance and pension plans • Encourage innovation The newly created agency protects Ontarians by regulating: • Property and casualty insurance • Life and health insurance • Credit unions and caisses populaires • Loan and trust companies • Mortgage brokers • Health services providers (related to auto insurance) • Pension plan administrators • Financial planners and advisors For more information, visit www.fsrao.ca