Posts tagged with “BC Financial Services Authority (BCFSA)”

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It’s Finally Here: The Short-Term Rental Accommodations Act #572

Explore the impact of the Short-Term Rental Accommodations Act and its implications for REALTORS®, buyers, and sellers.

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All for One, One for All — New Team Rules in Effect #559

The BC Financial Services Authority (BCFSA) is introducing new rules for real estate teams, following the Minister of Finance’s consent to amend the Real Estate Services Rules.

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Use Your Name Wisely #550

Despite good intentions, there are limits to how far a REALTOR® should go to help a colleague when it comes to business collaborations and opportunities.

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Success of Real Estate Consumer Protection Measures Hinges on Next Steps by BC Government and Real Estate Regulator

After reviewing the BCFSA consumer protection recommendations published on May 26, the BCREA urges the Ministry of Finance to carefully consider the next steps prior to implementing any of the measures proposed. 

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2021 Advocacy Year-In-Review

This year was full of significant changes for the real estate sector in BC. Here’s a recap of significant actions and interventions by the BC Government this year.

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“Cooling Off Period” With No Details Creates Uncertainty and Concern in Real Estate Sector

The BC Government’s recent announcement introducing a “cooling off period” has resulted in significant confusion and uncertainty both within the sector and amongst the public.

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The Increasing Cost of Misconduct #544

A review of the most recent discipline decisions of the BC Financial Services Authority suggests that we will start to see the impact of these increased penalty limits.

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PODCAST: Cooling Off Periods and Other Interventions – Will They Work? (November 2021)

This special episode features three guests who help us get a better understanding of the BC Government’s recent announcement introducing consumer protections measures for real estate transactions in BC.

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BC Financial Services Authority Publishes Update About Move to Single Regulator

The BCFSA expects that the new regulatory model, which will be organized functionally with departments overseeing the entire financial sector, will come into effect this summer.

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BCREA CEO and Chief Economist Participate in Cullen Commission of Inquiry into Money Laundering

BCREA CEO Darlene Hyde and Chief Economist Brendon Ogmundson appeared before the Cullen Commission of Inquiry into Money Laundering on February 17.

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BC REALTORS® Support BCFSA Interim Findings On Rising Strata Insurance

BCREA welcomes the BC Financial Services Authority’s interim findings on the unprecedented rise in strata insurance premiums and deductions…

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