New Crown agency aimed at changing administration of financial services regulations in B.C.

By Graeme Wood / Glacier Media
Arm’s-length B.C. Financial Services Authority will replace the government-run Financial Institutions Commission

British Columbia is set to get a new Crown agency that will oversee financial services and regulate the likes of credit unions, mortgage brokers, pension fund managers and trust companies. Legislation tabled Thursday by Minister of Finance Carole James will establish the B.C. Financial Services Authority (FSA), which will replace the Financial Institutions Commission (FICOM).…

Source:: New Crown agency aimed at changing administration of financial services regulations in B.C.

• Whistler News

April 8, 2019

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