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Established in 2016, FSRA officially succeeded its predecessor agencies – the Financial Services Commission of Ontario and the Deposit Insurance Corporation of Ontario – on June 8, 2019. [1] The Financial Services Regulatory Authority of Ontario operates at arms-length from the Government of Ontario , and reports to the Legislative Assembly ...
On Canada.ca/money, FCAC offers information on a variety of financial topics, along with online interactive tools that can help consumers find the financial products and services that best meet their needs, including a Budget Planner, Mortgage Calculator, and Financial Goal Calculator. FCAC also develops infographics and videos to help ...
Ontario Securities Commission (OSC) ; Financial and Consumer Services Commission of New Brunswick (FCNB) ; Financial Services Regulatory Authority of Ontario (FSRA) ; British Columbia Financial Services Authority (BCFSA) India: GIFT International Financial Services Centre: International Financial Services Centres Authority (IFSCA) Kazakhstan
The Ministry of Public and Business Service Delivery and Procurement (MPBSDP; formerly the Ministry of Government and Consumer Services) is a ministry of the Government of Ontario. It is responsible for ServiceOntario , which, among other responsibilities, issues driver's licenses, health cards, birth certificates and other provincial documents ...
In the European Union, an Electronic Money Institution can be licensed in any country member but can act and provide services in all EU and EEA countries. [6] The legal basis for e-money issuance in the European Union is covered by EU Directive 2009/110/EC, on the taking up, pursuit and prudential supervision of the business of electronic money institutions establishes, issued by the European ...
The program has faced criticism; the Ontario NDP questioned the provincial government's decision to enter into a taxpayer-funded sole-source contract with an American-owned corporation to deliver government services. [6] Taxpayer money is being used to fund the construction of the in-store locations, at an estimated cost of $1.75 million. [9]
There are a number of sectors in which banks may be involved. The general bank license allows a bank to engage in all banking activities, such as retail banking, merchant acquiring, cash management, asset management and trading. An applicant can apply for a limited banking license, such as an offshore banking license. [2]
The Electronic Money Association (EMA) is the trade body for electronic money issuers and innovative payment service providers including payment institutions, banks, and payment schemes. [1] It provides members with a forum to share their experiences and expertise around issues that impact new means of payment.