Financial Services Regulatory Authority of Ontario (FSRA)
Stuart Johnston is a seasoned compliance professional with extensive experience in the financial services sector. Currently serving as a Senior Compliance Officer in the Market Conduct Division at the Financial Services Regulatory Authority of Ontario since February 2017, Stuart is adept at responding to inquiries and complaints related to regulations and services affecting various financial sectors. Prior to this role, experiences include positions as a Commercial Automobile and Property Claims Adjuster at ClaimsPro Inc., an Automobile Claims Adjuster at The Dominion of Canada General Insurance Co., a Senior Insurance Agent at CAA South Central Ontario, and an Insurance Advisor at The Personal Insurance Company. Stuart holds a Bachelor’s Degree in Sociology from York University.
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