Ontario regulator calls for expert advice on policy

FSRA is seeking new members for its committee responsible for innovation, consumer protection, and regulatory efficiency

Ontario regulator calls for expert advice on policy

The Financial Services Regulatory Authority of Ontario (FSRA) has announced that it is seeking expert advice as it continues to fine-tune its policy and supervisory approaches for the province’s mortgage broker sector.

FSRA said that it is now accepting applications for new members of its Mortgage Brokering Technical Advisory Committee, which has four members that will see their terms expire by the end of 2022.

“Their input would help support consumer protection, drive innovation, and increase regulatory efficiency,” FSRA said.

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Candidates will be evaluated on their knowledge and professional experience in mortgage brokering, “including mortgage administration, mortgage investments, real estate financing and mortgage technology providers,” the regulator said. “FSRA will consider applications from the public and current members whose terms are expiring.”

Successful applicants will serve a three-year term.

FSRA is calling on interested parties to submit a cover letter and their current resume by November 28 to [email protected].