The Financial Services Regulatory Authority of Ontario has imposed administrative penalties totaling CAD 275,000 on Lin Liang following a settlement over breaches of the Mortgage Brokerages, Lenders and Administrators Act, 2006 and related regulations. The penalties relate to dealing in mortgages for remuneration outside her brokerage, receiving remuneration outside her brokerage, and allowing herself to be used to facilitate dishonesty, fraud, crime or illegal conduct.
Financial Services Regulatory Authority of Ontario2026-06-05
Financial Services Regulatory Authority of Ontario imposes CAD 275000 in administrative penalties on Lin Liang for mortgage dealing and remuneration outside her brokerage
The Financial Services Regulatory Authority of Ontario has imposed administrative penalties totaling CAD 275,000 on Lin Liang following a settlement over breaches of the Mortgage Brokerages, Lenders and Administrators Act, 2006 and related regulations. The breaches relate to dealing in mortgages and receiving remuneration outside her brokerage, and allowing herself to be used to facilitate dishonesty, fraud, crime or illegal conduct.