BCFSA Celebrates Five Year Anniversary November 1, 2019, officially marked BC Financial Services Authority’s first day as British Columbia’s regulator of financial services. Look back on our journey below:
BC Financial Services Authority
Government Administration
Vancouver , British Columbia 7,559 followers
About us
BCFSA regulates credit unions, trust companies, insurance companies, pension plans, mortgage brokers and real estate professionals, ensuring financial services transactions are protected, for the prosperity of consumers and the province of B.C. Through modern, effective, efficient oversight, enforcement and guidance, we are working to make B.C. a place where people can have confidence in the financial services they receive. We protect British Columbians during the most important financial transactions in their lives.
- Website
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http://www.bcfsa.ca
External link for BC Financial Services Authority
- Industry
- Government Administration
- Company size
- 201-500 employees
- Headquarters
- Vancouver , British Columbia
- Type
- Government Agency
- Specialties
- consumer protection and regulator
Locations
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Primary
Get directions
600 - 750 West Pender Street
Vancouver , British Columbia V6C2T8, CA
Employees at BC Financial Services Authority
Updates
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We've made a list, checked it twice, and confirmed the products covered by the CUDIC deposit insurance guarantee. Are your B.C. credit union deposits covered? Find out here: https://ow.ly/3v6850UsZ2n
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Your pension is a valuable asset. Stay informed with BCFSA's 2023 Fact Sheet on pension plans in BC: https://ow.ly/Ka6v50UkbW1 #PensionPlans #RetirementPlanning
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Are you buying or selling a home? Real estate clauses can help protect you by adding conditions to the contract of purchase and sale that must be met for the sale to proceed. Find available clauses to discuss with your real estate professional in our Clauses Index: https://ow.ly/VgEm50Uiffq #MoneyOnYourMind #FLM2024
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Confused by the terms of your mortgage? A registered submortgage broker can help by providing resources and education on responsible borrowing. #MoneyOnYourMind #FLM2024 Find a licensed professional on our website: https://ow.ly/thyV50UcVgK
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BCFSA has launched a consultation requesting feedback from B.C. credit unions and industry partners on its draft Commercial Lending Guideline, which promotes prudent commercial lending practices that contribute to financial stability and consumer protection. Read more about the consultation: https://ow.ly/frxC50UbpuZ
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BCFSA Welcomes Tolga Yalkin as New CEO and Chief Statutory Officer. We are pleased to announce the appointment of Tolga Yalkin as BCFSA’s new Chief Executive Officer and Chief Statutory Officer, effective January 13, 2025. Tolga, who will succeed Blair Morrison after announcing his retirement earlier this year, joins BCFSA from his current role leading the regulatory agenda at the Office of the Superintendent of Financial Institutions Canada ("OSFI"). He brings extensive public sector experience and a forward-thinking approach to oversight, having led transformative initiatives in financial services regulation. “I’m honoured to take on this role and excited to work with the talented team at BCFSA,” said Mr. Yalkin. “Together, we’ll tackle the challenges and seize the opportunities ahead to keep B.C.’s financial services sector strong, inclusive, and innovative as a regulator that is focused on the people we serve.” We look forward to the exciting journey ahead! Read more: https://ow.ly/CP1y50Uak2R
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Did you know there are several compensation plans in place to protect Canadians in the unlikely event that a financial institution fails? This includes protection for deposits, investments, and insurance. Learn more about how BCFSA, as a member of CUPSA, works to safeguard your peace of mind. 👇#MoneyOnYourMind #FLM2024