Real estate industry partners create anti-money laundering recommendations for government
The Real Estate Board of Greater Vancouver and the BC Real Estate Association partnered with the Appraisal Institute of Canada – BC Association, BC Notaries Association, and the Canadian Mortgage Brokers Association – British Columbia to submit joint recommendations to the provincial and federal governments on April 15, 2019 on how to strengthen anti-money laundering measures in our province.
REBGV President Ashley Smith issued the following statement on these recommendations:
The submission makes five recommendations to government and suggests best practices for practitioners operating across the real estate sector.
This submission further demonstrates the real estate profession’s commitment to addressing money laundering concerns and ensuring there's full confidence in the real estate market.