TORONTO, Jan. 23, 2026 /CNW/ - The Financial Services Regulatory Authority of Ontario, FSRA, has initiated enforcement action against Angie Sau Chu Lau (Lau).
FSRA alleges that Lau is not suitable to be licensed under the Insurance Act, R.S.O. 1990, c.I.8, as amended (the Act), and its regulations. FSRA also alleges that Lau contravened the Act and its regulations as follows:
- by offering inducement and using undue influence in order to control and direct insurance business, contrary to section 17(a) of Ontario Regulation 347/04; and
- by failing to disclose in writing to clients any conflict of interest or potential conflict of interest associated with the investment, contrary to section 16 of Ontario Regulation 347/04.
FSRA is proposing to revoke the insurance agent licence of Lau and to impose administrative penalties in the total amount of $150,000 on Lau.
Lau requested a hearing before the Financial Services Tribunal about this proposal. FSRA has imposed an interim suspension Order on Lau, which has been extended until the hearing has concluded. Lau is not able to conduct insurance agent business while under suspension.
Learn more:
Access our enforcement database to see how FSRA is working to protect consumers through its monitoring and enforcement activities.
For media inquiries:
Russ Courtney
Senior Manager of Media Relations
Financial Services Regulatory Authority
C: 437-225-8551
Email: [email protected]
SOURCE Financial Services Regulatory Authority of Ontario
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