The Future of Regulatory Guidance Webinar Series

Two men looking at laptop.

The Future of Regulatory Guidance — An Introduction

This first in a series of monthly webinars for managing and associate brokers focused on the updates to RECBC’s regulatory guidance. The hour-long session introduced the new format for RECBC’s regulatory resources, and provided some background and progress of the project to update our guidance materials.

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Professional Judgement and Regulatory Guidance

This is the second webinar in our series designed to provide information and tools to support you and the real estate professionals at your brokerage as RECBC introduces its new approach to regulatory guidance. This webinar focused on professional judgement — what is it, and how should real estate professionals use professional judgement to ensure they are meeting their regulatory requirements?

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Get to Know the Knowledge Base

This is the third webinar in our series focused on an exploration of RECBC’s Knowledge Base, the home of our new regulatory resources. Ahead of the launch of our updated regulatory guidance we have enhanced the Knowledge Base, making searching faster and easier and helping to ensure you can quickly access the resources most relevant to your needs.

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Your AML Obligations and Tools

This is the fourth webinar in our series designed to provide information and tools to support you and the real estate professionals at your brokerage. This webinar focused on new resources and updated existing regulatory guidance to ensure real estate professionals have the information they need to comply with all obligations and continue to protect the public from the risks of dirty money entering real estate markets.

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Frequently Asked Questions

Here are answers to some of the key questions we received following last month’s introductory webinar about RECBC’s Regulatory Guidance. If you have a question you’d like us to answer in the Brokers’ Brief, send it to us at [email protected].

  • Will I still be able to access the PSM or BSM after the new Regulatory Guidelines and Regulatory Information come online?

    No. The PSM and BSM will be replaced on the RECBC website by the Regulatory Guidelines and Regulatory Information. However, many of the useful elements from the PSM, such as checklists, case studies and examples, will still be available on RECBC’s Knowledge Base as additional resources linked to the relevant Regulatory Guidelines
  • Is RECBC changing its interpretation of the Real Estate Services Act or the Real Estate Rules with the rollout of the new Regulatory Guidelines and Regulatory Information?

    No. Our new regulatory guidance materials are simply a different way of providing information to professionals. No regulatory requirements for real estate professionals are changing as a result of the introduction of the Regulatory Guidelines and Regulatory Information.

  • Will I be informed when RECBC makes changes to Regulatory Guidelines and Regulatory Information moving forward?

    Yes! The new materials will be reviewed on a regular schedule, and updates or revisions will be communicated to all real estate professionals. Each Regulatory Guideline is dated, and we will add the dates of any revisions, so that you can have confidence that you are using the most up-to-date guidance available.