The Financial Services Regulatory Authority of Ontario has paused work to finalize its proposed rule and implement a licensing regime for Life and Health Managing General Agents, which had been targeted for 1 June 2026. The Government of Ontario will communicate next steps on the proposed managing general agent licensing framework in due course. FSRA noted stakeholder input received during the consultation process and indicated it expects continued engagement.
Financial Services Regulatory Authority of Ontario 2026-02-23
Financial Services Regulatory Authority of Ontario pauses work on proposed licensing regime for life and health managing general agents
The Financial Services Regulatory Authority of Ontario has paused finalization of its proposed rule and licensing regime for Life and Health Managing General Agents, initially targeted for 1 June 2026. The Government of Ontario will announce next steps for the framework. FSRA acknowledged stakeholder input from the consultation process and anticipates ongoing engagement.