The Financial Services Regulatory Authority of Ontario (FSRA) is an independent agency responsible for regulating financial services in the province of Ontario. Established in 2019, its primary goal is to protect consumers and ensure the stability of the financial services sector. FSRA oversees various industries, including insurance, pensions, and credit unions. FSRA's role includes licensing financial service providers, enforcing compliance with regulations, and promoting fair practices. By monitoring the financial landscape, FSRA aims to foster a safe and competitive environment for consumers and businesses alike, contributing to the overall health of Ontario's economy.