BC Financial Services Authority

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

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

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

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

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

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

BCFSA will be closed on Friday, November 8 and Monday, November 11. We will reopen on Tuesday, November 12.

We believe in creating an accessible and inclusive environment that is welcoming for all. We are proud to announce that BCFSA's Vancouver office is Rick Hansen Foundation Accessibility Certified! #EveryoneEverywhere

November is Financial Literacy Month! We’re supporting the Financial Consumer Agency of Canada's #MoneyOnYourMind initiative and encourage you to visit www.bcfsa.ca for resources to help you make informed decisions about real estate, mortgages, and financial institutions in B.C. #FLM2024

Today is International Credit Union Day! Credit unions play a vital role in British Columbia’s economy and contribute to the financial health of consumers, communities, and businesses. Here are a few facts about the credit union segment in B.C. 👇 Learn more at https://ow.ly/pI7V50TNJLE #ICUDay #CreditUnions