FSRA seeks Stakeholder Advisory committee members: deadline Oct. 25

The Financial Services Regulatory Authority (“FSRA”) has announced that it is seeking members for its Stakeholder Advisory committees. Applications for committee membership are due on Oct. 25, 2019.

Members of the committee who come from the industry will not be compensated for time, travel or expenses. If a consumer or member of the public is named to the committee, they will receive a travel reimbursement.

Per the recent FSRA announcement of the committee terms of reference for members of the mortgage brokers and agents committee:

Stakeholder nominees to the Mortgage Brokering SAC should be senior members of their respective organizations or professions who can represent their organization or profession on relevant issues. See Appendix 1 for specific experience FSRA is seeking to have represented through the stakeholder members of the Mortgage Brokering SAC.   

Appendix 1 reads:

FSRA is seeking industry members that have direct experience in one or more of the following functional areas within the Mortgage Brokering sector:

    • Principal Broker
    • Administrator
    • Risk Management & Compliance
    • Private lending
    • Securitization
    • Trading

Industry members will be selected with an emphasis on ensuring adequate diversity by geography and organization size.

In addition to direct industry representation, FSRA will be seeking representatives from the following industry associations:

    • Mortgage Professionals Canada (MPC)
    • Canadian Mortgage Brokers Association (CMBA)
    • Appraisal Institute of Canada 

A link to the application is here.

For more information, please see the FSRA newsletter:

 

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