One of FSCO’s strategic priorities is to promote a co-ordinated national approach to regulatory issues. In this respect, FSCO works with other Canadian regulators in co-ordinating regulation of the financial services industry at the national level.

FSCO supports the development of harmonized regulatory solutions through participation in the Canadian Association of Pension Supervisory Authorities (CAPSA) and the Canadian Council of Insurance Regulators (CCIR). As a member of these national organizations, FSCO also participates in the Joint Forum of Financial Market Regulators (Joint Forum). FSCO is a member of the General Insurance Statistical Agency (GISA) –an agency that oversees the Automobile Insurance Statistical Plan.

FSCO is participating with these national organizations as a member of, or in some cases as a lead of, committees and project teams.

Canadian Council of Insurance Regulators (CCIR)

The Canadian Council of Insurance Regulators (CCIR) is an inter-jurisdictional association of regulators of insurance. Its mandate is to facilitate and promote an effective regulatory system in Canada to serve the public interest. CCIR works co-operatively with other financial services regulators to enhance consumer protection and to support the development and harmonization of insurance policy and regulation across jurisdictions.

For additional information, please visit the CCIR website at www.ccir-ccrra.org.

Canadian Association of Pension Supervisory Authorities (CAPSA)

CAPSA is an inter-jurisdictional association of pension supervisory authorities whose mission is to facilitate an efficient and effective pension regulatory system in Canada. It discusses pension regulatory issues of common interest and develops policies to further the simplification and harmonization of pension regulation across Canada.

For additional information, please visit the CAPSA website at www.capsa-acor.org.

Joint Forum of Financial Market Regulators (Joint Forum)

The Joint Forum was founded in 1999 by the Canadian Council of Insurance Regulators (CCIR), the Canadian Securities Administrators (CSA), and the Canadian Association of Pension Supervisory Authorities (CAPSA). It also includes representation from the Canadian Insurance Services Regulatory Organizations (CISRO).

The Joint Forum serves as a mechanism through which pension, securities and insurance regulators could promote the co-ordination, harmonization and simplification of the regulation of financial products and services in Canada.  Its goal is continuous improvement of the financial services regulatory system through greater harmonization and coordination of regulatory approaches.

For additional information, please visit the Joint Forum website at www.jointforum.ca.

General Insurance Statistical Agency (GISA)

GISA was incorporated on June 28, 2005 as an independent legal entity to carry out the activities of a statistical agent on behalf of participating insurance regulatory authorities across Canada.

GISA was appointed as a statistical agent by participating jurisdictions across Canada effective April 1, 2006 when it became fully operational.

As a federally incorporated, not-for-profit corporation governed by a tripartite Board of Directors, GISA provides governance, accountability and oversight of the mandated statistical plans.

For additional information, please visit the GISA website at www.gisa.ca.