Criminal Interest Rate Prohibition – Exemptions
CAPL has been advised that the Federal Government has tabled Notice of a Ways and Means Motion for Budget 2023 in the House of Commons. Division 34 of Part 4 introduces ...
Current Consultations: Mortgage Services now included in AML regime and Comprehensive Alberta Review
Federal AML rules – As many now know, the federal government has now published new amending regulations to federal anti-money laundering legislation (the Proceeds of Crime (Money Laundering) and Terrorist ...
Draft AML Regulations for Mortgage Lenders, Brokers and Administrators Now Published for Comment
The federal government has now published new amending regulations to federal anti-money laundering legislation (the Proceeds of Crime (Money Laundering) and Terrorist Financing Act – PCMLTFA) along with draft regulations to establish ...
Federal Government releases regulations for foreign buyers’ ban
Re: CAPL Successful in Removing Lenders from Foreign Buyers’ Ban The Federal Government has now published regulations under the Prohibition on the Purchase of Residential Property by Non-Canadians Act, following a ...
New implementation date of BC’s property rescission period
The implementation of the new home buyers’ rescission period in British Columbia has been changed from January 1 to January 3, 2023 New implementation date of BC’s property rescission period
FSRA report on innovation and technology in the Ontario mortgage services sector
FSRA has published a report identifying the need to consider open banking and technological innovation in future regulation. DOWNLOAD REPORT >>