Who are the financial regulators in Canada?
The Financial Consumer Agency of Canada (FCAC) monitors and supervises financial institutions and external complaints bodies that are regulated at the federal level. These entities include: Banks and federal credit unions.
Who are the 4 main regulators of Finance sector?
FRFI means a Canadian federally regulated financial institution.
What is an FRFI?
The Office of the Superintendent of Financial Institutions (OSFI) regulates and supervises all banks and federally incorporated or registered trust and loan companies in Canada, as well as insurance companies and fraternal benefit societies.