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EN
FSRA continues to explore title protection harmonization
['Michelle Schriver', 'Body --Teal', '--Light-Teal', '--Blue', '--Red', '--Yellow', '--Black', '--White', 'Fff --Dark-Gray', '--Mid-Gray']
Advisor.ca
AdobeStock/ParradeeWith Ontario’s title protection in effect for more than three years but no recent action on title protection from other provinces, the Financial Services Regulatory Authority of Canada (FSRA) says it continues to work on harmonization.
“FSRA is actively working with other Canadian jurisdictions to explore harmonizing title protection for financial planners and financial advisors,” the regulator said in an emailed statement on Monday.
That priority aligns with FSRA’s responsibilities under title protection.
The business plan had also included working with other Canadian jurisdictions to implement similar title protection frameworks.
Ontario’s title protection has been criticized for its multiple credentials and, when it comes to the “financial advisor” title, its product-based approach.
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