Webinar – FINTRAC Compliance Requirements

Title: Expert Series - FINTRAC Compliance Requirements
Location: Delivered in an interactive Zoom environment
Start date: 08 April, 2024
Cost:$0.00 for members or $45.00 for non-members

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Expert Series – New FINTRAC Compliance Requirements Explained by FINTRAC

Presented by CMBA-BC & MBIBC

Monday, April 8, 2024, at 11:30AM

FREE For CMBA-BC Members

$45 + Tax for Non-Members

Please join us in attending an informative presentation delivered by FINTRAC, Canada’s Financial Intelligence Unit and Anti-Money Laundering/Anti-Terrorist Financing supervisor.

New obligations for the mortgage sector have been published, and will come into effect October 2024. The goal of this presentation is to provide an overview of the requirements that include elements of a compliance program, record keeping and reporting. A documented compliance program is the basis of meeting all reporting entity obligations under the Act and associated Regulations which will contribute to FINTRAC’s mandate to combat money laundering, terrorist financing and threats to the security of Canada.

SPEAKERS

Mark Sokolnicki

Mark Sokolnicki is a Regional Compliance Manager in the Vancouver Office, and has been with FINTRAC since December 2014. He has managed and conducted various compliance activities such as outreach presentations and examinations across a wide array of sectors, including substantial involvement within real estate. Prior to joining FINTRAC, Mark worked in several compliance related roles with Service Canada and has been a dedicated public servant since 1999.

Chista Kavoosi

Chista is a senior compliance officer and has been with FINTRAC since February 2023. She worked previously at the BC Financial Services Authority, regulating the market conduct of credit unions, insurance companies and trust companies. She has over a decade of experience working in banks and credit unions in both customer facing and head office roles, with a focus on residential and commercial lending compliance.

MODERATOR

Geoff Parkin

Geoff is a mortgage broker with Select Mortgage, bringing with him a wealth of expertise and qualifications, including CPA and Chartered Financial Analyst designations. Before joining Select Mortgage, he held notable positions at Pacific Coast Savings Credit Union in Victoria, and most recently served as VP Subsidiary Operations at Coast Capital Savings Credit Union. In his role, Geoff oversaw real estate, mortgage broker operations, and real estate appraisal.

Geoff has a strong history of leadership in the industry, having previously served as President and Chair of the Ethics Committee at the Mortgage Brokers Association of BC (CMBA-BC), as well as President of the Mortgage Brokers Institute of BC (MBIBC).

Geoff’s dedication to both his profession and community makes him a valuable asset in the mortgage industry.

Thank you to Our Sponsor

CMBA-BC Resources on New FINTRAC Requirements:

FINTRAC Reporting Requirements for Mortgage Brokers (Webinar presented in April 2023)
Speaker: Christopher Walker
Original broadcast date: April 19, 2023

* Recording can be accessed by members only.

Access Exclusive Articles Authored by Our Staff in the Canadian Mortgage Broker Magazine

What our past attendees have to say about the Expert Series Webinars

Excellent, extremely valuable, and pertinent in today’s climate.

Mortgage Broker , DLC Integra Mortgage Kamloops, BC

Important information learned from the Q and A session.

Mortgage Broker , AAREA Vancouver, BC

All of the speakers and the content was useful and educational!  

Raj Sharma , Verico Paragon Prime Capital Inc. Burnaby, BC

Interested in sponsorship opportunities? Please contact events@cmbabc.ca.