Financial Services Commission of Ontario

Decision Information

Decision Content

 
                        Superintendent of                                                          surintendant des

                        Financial                                                                       services

                        Services                                                                       financiers         

 

___________________________________________________________________________

 

 

REGARDING the Insurance Act, R.S.O. 1990, c. I.8, as amended, in particular sections 392.4 and 407.1

 

AND REGARDING Dejan Fazlic

 

 

ORDER TO REFUSE APPLICATION

 

 

On July 8, 2015, the Superintendent of Financial Services (“Superintendent”) issued a Notice of Proposal to Refuse Application (“Notice”) regarding the life insurance agent application of Dejan Fazlic.

 

Mr. Fazlic had 15 days after the date the Notice was given to request a hearing before the Financial Services Tribunal (“Tribunal”) in accordance with section 407.1(3) of the Act.

 

The Registrar of the Tribunal has confirmed that no request for a hearing has been received from Mr. Fazlic.

 

Subsection 407.1(1) of the Act provides that the Superintendent may carry out the proposal to refuse to issue a licence when no hearing has been requested.

 

 

ORDER

 

The insurance agent application of Dejan Fazlic dated June 3, 2014 is refused.

 

 

DATED at Toronto, Ontario,                                           , 2015

 

 

 

_______________________

Shonna Neil

Director, Licensing Branch

 

By Delegated Authority from:

The Superintendent of Financial Services

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