CAPL has submitted a letter to the BC Financial Services Authority (BCFSA) requesting confirmation of our understanding of how non-qualified syndicated mortgages and non-qualified syndicated mortgage investments (NQSMs/NQSMIs) are treated ...
CAPL submitted a letter (reproduced below) to the Minister of Finance and FINTRAC as the federal government examines financial inclusion for vulnerable Canadians and sectors facing “de-banking.” Based on what ...
Canada’s anti–money laundering (AML) regime has a credibility problem—not because AML enforcement is unnecessary, but because the penalty outcomes are increasingly hard to defend as proportionate. A six-figure administrative monetary ...
PRESS RELEASE December 31, 2025 PRISM Policy Roundtable for Innovation in Stablecoin Markets Launches to Advance Practical, Cross-Regional Dialogue Vancouver, BC, December 31, 2025. The PRISM Policy Roundtable for Innovation ...
Canada is moving toward a formal regime for stablecoins (fiat‑referenced cryptoassets), with a draft framework released and Bill C‑15 introduced at first reading as the legislative backbone. For mortgage lenders ...
British Columbia’s land title system is moving further into a digital, owner-focused future. The Land Title and Survey Authority of British Columbia (LTSA) is developing a new service called BC ...
Mortgage Investment Corporations (MICs) in British Columbia operate at the intersection of two regulatory regimes: the new Mortgage Services Act (MSA) for mortgage brokering/lending, and the BC Securities Act for ...
Elderly victim loses $1.7M in Canada bank fraud. Learn how rising scams expose weak protections—and what banks must do to prevent future losses.
Canada’s latest AML/ATF rules are now in force under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA). These regulatory changes strengthen oversight, expand reporting obligations, and introduce ...
As of October 11, 2024, Canada’s mortgage sector—administrators, brokers, and lenders—is now covered by the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).
