The Financial Services Commission of Ontario (FSCO) was created on July 1, 1998, as an arm's-length agency of the Ministry of Finance. FSCO integrates the operations of the former Ontario Insurance Commission, Pension Commission of Ontario, and Deposit Institutions Division of the Ministry of Finance. FSCO comprises three key parts: the Commission; the Financial Services Tribunal (Tribunal); and the Superintendent and Staff.
As of March 31, 2009, FSCO regulated or registered 382 insurance companies, 7,908 pension plans, 200 credit unions and caisses populaires, 56 loan and trust companies, 1,335 mortgage brokerages, 2,282 mortgage brokers, 8,103 mortgage agents, 1,602 co-operative corporations, as well as approximately 41,500 insurance agents, 4,079 corporate insurance agencies and 1,361 insurance adjusters.
FSCO's Mandate, Vision and Values
Our Mandate
To provide regulatory services that protect the public interest and enhance public confidence in the regulated sectors.
Our Vision
To be a progressive and fair regulator working with its stakeholders to support a strong financial services sector.
Our Values
Organizations reflect the shared values of their members. FSCO is committed to the values set out below.
Professionalism
Strive to achieve the highest standards of behaviour, competence and integrity in our work.
Fairness
Strive to deal with stakeholders in an even-handed manner and demonstrate fairness in the workplace.
Equity
Strive to balance the interests of the public, including consumers and regulated stakeholders.
Accountability
Ensure that the policies and objectives of the provincial government are upheld.
Excellence
Strive to do the best in everything FSCO does.
Respect
Value and treat individuals with respect and dignity in everything FSCO does.
Teamwork
Work together as a team in serving consumers, the government and stakeholders.
Information about FSCO
- Who We Are
- The Commission
- FSCO Planning Process
- FSCO Funding
- FSCO's Website
- Helpful Links
- National Initiatives
- Contact Information
- Frequently Asked Questions
- Employment Opportunities
- Quality Service Commitment
- Feedback
- Statutes and Regulations
- Schedule of Required Fees
- Publications
- How to Resolve a Complaint
Financial Services Commission of Ontario