Principles Based Regulation (PBR)
Geography
FSRA History
FSRA General
Entertainment
100

**DOUBLE JEOPARDY** 

PBR means moving away from reliance on detailed, prescriptive rules or checklists, and relying on more high-level, broadly stated ____ supported by ____.  

Outcomes and Principles.  

100

On January 1, 2020, Great-West Life, Canada Life and a third company came together to form The Canada Life Assurance Company. The third company, was in which Ontario city? 

HINT: The Forest City, west of Toronto.

London

100

Who was FSRA’s first employee?  

Mark White

100

FSRA regulates a number of sectors: Auto, Pension, Mortgage, HSP, Life and Health insurance, P&C insurance, Loan and Trust, Credit Unions, FPFA, and _____

Cooperative Corporations

100

Who sang Blank Space?

Taylor Swift

200

What approach to enforcement does PBR prefer? In Financial Services regulation, you don’t need to get down on one knee to propose.

Engagement

200

Kamala Harris attended high school in this Canadian city, founded in 1642. It now has a population of 1.7 million, Canada's 2nd largest city.

Montreal

200

When did FSRA conduct its first stakeholder survey?

2021

200

What are FSRA’s 3 brand attributes?

Trusted, Effective and Protects Consumers

200

Who played Jack Dawson in the Titanic?

Leonardo DiCaprio

300

What is the famous highway in Germany that is often used as an example of how rules support a desired outcome?  

The Autobahn

300

This is Canada’s largest and busiest transportation hub, located in Toronto, connecting more than 300,000 passengers to their destination every day.  

Union Station

300

In which month and year was Ontario's first Pension Awareness Day?

February 2023

300

Which was the last Rule released by FSRA?

Rule 2022 – 01 Assessments and Fees (or Fee Rule)

300

What was the name of Monica’s tall mustachioed boyfriend on the show “Friends”? 

 

Richard Burke (or Richard)

400

Name any two of FSRA’s five Framework Principles outlined in the PBR Guidance.  

 

Outcomes-Focused, Risk-Based, Transparent, Innovative, Consumer-Focused, Collaborative

400

Where is the financial services tribunal located?

25 Sheppard (or FSRA office building)

400

On June 8, 2019, a seminal event in FSRA’s history took place. What was it?

FSRA’s launch/creation/start  

400

Whom did FSRA interview as part of the 2023 stakeholder survey?

SAC and CAP members


400

Which show had kids with supernatural powers in the fictional town of Hawkins?

Stranger Things

500

This American lager, commonly abbreviated PBR, was established in Milwaukee, Wisconsin, in 1844 and is currently based in San Antonio, Texas.

Pabst Blue Ribbon

500

One of Ontario's largest credit unions, Meridan has its head office in which city? HINT: It's the Garden City, located south of Toronto.

St. Catherines

500

Did you know FSRA's website can be translated into more than 200 languages? It might surprise you that, according to Babbel, Russian is the most used language in Europe, with over 140 million native speakers. 95 million others speak this language, Europe's second most common.

German

500

FSRA’s acting CEO, Stephen Power, holds a Bachelor of Commerce (Honours) from this Ontario university, ranked 7th in Canada by Macleans (after U of T, Waterloo, and MacMaster). Stephen, what on earth is a Golden Gael?

Queen’s

500

Which classic horror film features a character named Norman Bates and was directed by Alfred Hitchcock?

Psycho

600

Which regulatory approach often emphasizes ethical conduct over strict compliance?

Principles-based regulation

600

What is FSRA’s postal code?

M2N 6S6

600

Exact date when Mark White stepped down as FSRA CEO?

July 16, 2024

600

Except French and English, which five language options does FSRA’s website show?

Chinese, German, Hindi, Italian, Spanish

600

Who is the Brazilian author known for his bestselling novel "The Alchemist"?

Paulo Coelho

700

Which type of oversight may be more challenging under principles-based regulation due to its broad nature? 

Enforcement

700

What was the venue for FSRA’s 2024 credit union board of directors’ conference?

Hilton Mississauga/Meadowvale

700

Which sectors did the FSRA initially focus on regulating upon its establishment?


Insurance, pension plans, and credit unions

700

The FSRA's mandate includes protecting consumers. What specific consumer protection principle is emphasized in its operations?

Fair treatment of consumers

700

What is the name of the Swedish pop group that gained worldwide fame in the 1970s with hits like "Dancing Queen"?

ABBA

800

Which sector (not FSRA-specific, but in general) has prominently adopted principles-based regulation, especially in recent years? For example, environment, real estate, etc.

Finance

800

**DOUBLE JEOPARDY**

What was the venue for FSRA Exchange 2024?

Sheraton

800

Before the FSRA was established, which entity was responsible for regulating most of the same sectors that FSRA now oversees?

FSCO

800

Which Ontario legislative act led to the creation of the FSRA?

The Financial Services Regulatory Authority of Ontario Act, 2016

800

Which K-pop group became the first to top the Billboard Hot 100 chart in the United States with their song "Dynamite"?

BTS

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