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About FSCO

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, 2010, FSCO regulated or registered 360 insurance companies, 7,908 pension plans, 188 credit unions and caisses populaires, 56 loan and trust companies, 1,120 mortgage brokerages, 2,419 mortgage brokers, 6,796 mortgage agents, 83 mortgage administrators, 1,634 co-operative corporations, as well as approximately 43,296 insurance agents, 4,271 corporate insurance agencies and 1,417 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

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