What You’ll Learn in This Webinar

Join us for an essential session on the transition to the Mortgage Services Act (MSA), and what it means for brokers, principal brokers, and brokerages in British Columbia.

While BCFSA has not yet released all regulatory guidance on many aspects of the new framework, this webinar will help you understand what’s known so far and how to start preparing. Additional webinars will be scheduled as new information and guidance become available.

In this session, you’ll:

• Understand the new licensing framework and categories under the MSA, and learn how licensees, principal brokers, and brokerages must align across categories to remain compliant.
• Explore the transition education pathways for brokers and principal brokers with BCFSA.
• Examine the evolving duties and compliance standards — including disclosure, suitability, governance, and recordkeeping — and hear directly from Designated Individuals (DIs) about the practical challenges they anticipate.
• Gain insight into the proposed fee structure and business impacts, including potential additional costs for multiple license categories, branch offices, and Personal Mortgage Corporations (PMCs).
• Understand BCFSA’s enhanced oversight powers and enforcement tools.
• Discuss industry challenges and strategies, identifying potential bottlenecks and practical steps brokerages can take to prepare and adapt.
• Stay tuned for future sessions as we continue to share updates and insights to support brokers through this transition.

Let’s grow together.

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Sponsor a CMBA-BC webinar and connect with engaged mortgage professionals across B.C.

Interested? Reach out to events@cmbabc.ca to learn more!

For brokers and lenders looking to purchase tickets for their referral partners and colleagues, we offer a convenient solution. Simply contact Deb Hiller at accounting@cmbabc.ca for guidance on managing multiple registrations.