B.C. government overhauling real estate regulatory system

By Joannah Connolly / Glacier Media Real Estate
In wake of industry’s money-laundering investigations, the province’s financial services authority will take over real estate regulatory oversight from two current organizations

Investigations into money laundering in real estate and concerns over other shady property practices have led the B.C. government to hand regulatory oversight for the industry to a different organization. Instead of being overseen by the Office of the Superintendent of Real Estate and the Real Estate Council of BC, the BC Financial Services Authority (BCFSA) is to become the single regulator for real estate.…

Source:: B.C. government overhauling real estate regulatory system

• Whistler News

November 12, 2019

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