• FAIR – supporting auto accident victims through advocacy and education
  • FAIR – supporting auto accident victims through advocacy and education
  • FAIR – supporting auto accident victims through advocacy and education

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Review of the Mandates of the Financial Services Commission of Ontario, Financial Services Tribunal, and the Deposit Insurance Corporation of Ontario

Written comments should be provided in electronic format (preferably Word or PDF) by email to: FIPBmandatereview@ontario.ca Submissions are requested by December 14, 2015.

READ:  http://www.canadianunderwriter.ca/news/fsco-recommends-creation-of-new-regulatory-agency/1003884499/

• Whether, and to what extent, each agency’s mandate continues to be relevant to Ontario’s goals and priorities;
Whether the agency is carrying out the activities as required in its mandate;

• Whether all or part of the functions of the agency are best performed by the agency or whether they might be better performed by a ministry, another agency or entity; and

• Whether changes to the current governance structure/associated accountability mechanisms are necessary to improve mandate alignment and/or accountability.

“Throughout our consultation process we heard similar messages,” the authors wrote. “Many feel that there are material shortcomings in the mandates, regulatory approach, operational resources, tools and capacity.”

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