Identity area
Type of entity
Authorized form of name
Parallel form(s) of name
Standardized form(s) of name according to other rules
Financial Institutions Division
Other form(s) of name
Identifiers for corporate bodies
Description area
Dates of existence
History
In 1976 the Ontario Ministry of Consumer and Commercial Relations created the Financial Institutions Division, which assumed the functions of the Office of the Superintendent of Insurance as well as several other bodies. The former Superintendent of Insurance became the Executive Director of the new Division.
Branches of the Division included the Cemeteries Branch, the Credit Unions and Co-operatives Services Branch, and the Motor Vehicle Accident Claims Branch. Several new branches were created by 1985, including the Investigations Branch, the Loan and Trust Operations Branch, and the Insurance Operations Branch. A new position of Superintendent of Deposit Institutions was established to administer the Loan and Trust Operations Branch and the Credit Unions and Co-operatives Services Branch. The position of Superintendent of Insurance was also re-established at this time in order to co-ordinate the activities of the Insurance Operations Branch. Overall responsibility for the division was at this time given to an Assistant Deputy Minister.
In 1986, the Financial Institutions Division was elevated to Ministry status, becoming the Ontario Ministry of Financial Institutions. The responsibilities of the Superintendent of Insurance, along with the Motor Vehicle Accident Claims Branch, were continued by the Insurance Division of the new Ministry, while the responsibilities of the Superintendent of Deposit Institutions were continued by the Deposit Institutions Division.
Places
Legal status
Functions, occupations and activities
The Financial Institutions Division issued licenses to and regulated insurance companies, investment contract companies, mutual benefit and fraternal societies, and loan and trust companies. The division also investigated related consumer complaints and was responsible for regulating the operations of cemeteries and crematoria.
Address
Internal structures/genealogy
General context
Relationships area
Related entity
Identifier of related entity
Category of relationship
Type of relationship
Dates of relationship
Description of relationship
Related entity
Identifier of related entity
Category of relationship
Type of relationship
Dates of relationship
Description of relationship
Access points area
Subject access points
Place access points
Epithet
Control area
Authority record identifier
Institution identifier
Rules and/or conventions used
RAD: Rules for Archival Description, 2nd edn (2008)
Status
Level of detail
Dates of creation, revision and deletion
2026-11-16: migrated to AtoM
Language(s)
Script(s)
Sources
KWIC Indexes, 1976-1986
Government of Ontario Telephone Directories, 1976-1986
Canadiana Name Authorities, 1996-12-24
Maintenance notes
Archivist(s):
R. Anger