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Please read these terms carefully before using this website. The use of this website indicates that you understand and accept these terms.
This website is protected under the copyright laws of Canada. All text, audio, or visual recordings (“works”) on this website and in all publications of BC Financial Services Authority (“BCFSA”) are copyright © BC Financial Services Authority unless otherwise indicated. All rights reserved.
The works may not be reproduced or redistributed in any form, in whole or in part, for commercial use.
The information contained on this website is provided as a public service, but we cannot guarantee that the information is current or accurate. Changes to the information on the website may be made at any time without prior notice. Readers should verify the information before acting on it.
For clarification of any item on this site or for more specific information, please contact BCFSA at (604) 660-3555 or email [email protected].
This website contains links to other websites. BCFSA is not responsible for the privacy practices of those websites. Links to other websites are not endorsements or approvals of those sites, the third parties named therein, or their products and services.
The display of trademarks, trade-names, or service marks on this website does not convey or create any license or privilege of any kind.
BC Financial Services Authority
600-750 West Pender Street
“Personal information” is recorded information about an identifiable individual, such as an individual’s name, age, home address, or financial information. Business contact information, such as a position title, business address, or business phone number, is not considered “personal” information.
BCFSA collects, uses, and discloses personal information in accordance with the following statutes:
- Credit Union Incorporation Act (“CUIA”)
- Financial Institutions Act (“FIA”)
- Freedom of Information and Protection of Privacy Act (“FOIPPA”)
- Information Management Act (“IMA”)
- Insurance Act (“IA”)
- Insurance (Captive Company) Act (“ICCA”)
- Mortgage Brokers Act (“MBA”)
- Pension Benefits Standards Act (“PBSA”)
- Real Estate Development Marketing Act (“REDMA”)
- Real Estate Services Act (“RESA”)
- Strata Property Act (“SPA”)
BCFSA only collects information for the purposes permitted under FOIPPA or other applicable law and strives to limit any collection to what is relevant and necessary for BCFSA’s functions. When collecting personal information, BCFSA will explain why we need it and, whenever possible, collect it directly from you.
BCFSA may sometimes indirectly collect personal information, including when:
- Assessing the suitability of a real estate license applicant or mortgage broker registrant;
- Investigating a concern or complaint; or
- As otherwise authorized by law or court order.
BCFSA will only access or use personal information for the purpose it was collected, for a consistent purpose, as authorized by law, or with your consent for another purpose.
Wherever practicable, only those with a “need to know” will have access to your personal information and only to the minimum amount of personal information they require to perform their duties.
BCFSA does not sell personal information it collects and will only disclose your personal information for the purpose it was collected, for a consistent purpose, with your consent, or as otherwise authorized by law.
BCFSA makes reasonable security arrangements to protect your personal information against risks such as unauthorized access, collection, use, disclosure, or disposal of personal information. Except as authorized by FOIPPA, BCFSA will only store or allow access to your personal information in Canada.
BCFSA will keep your personal information as long as we need it to fulfill the purpose for which it was collected. If BCFSA uses personal information to make a decision that directly affects you, BCFSA will keep that information for at least one year.
Service providers contracted by BCFSA are required to comply with FOIPPA and are made aware of and reminded about BCFSA’s privacy policies. All contracts entered into by BCFSA with service providers who may have access to personal or confidential information contain specific provisions requiring compliance with FOIPPA.
When destroying documents, we follow government standards designed to safeguard the confidentiality of personal information and to ensure obliteration.
BCFSA makes reasonable efforts to ensure that the personal information it collects, uses, or discloses is accurate and complete. If you think there is a mistake or omission in the personal information BCFSA has about you, you may write to BCFSA asking us to correct any errors or omissions in your personal information. Specify the information you believe is missing or incorrect and include what you believe to be the correct information; BCFSA will then correct the personal information as soon as reasonably possible or annotate the reasons why the corrections cannot be made.
Under FOIPPA, individuals have the right to access information in the custody or control of BCFSA. If you would like to access personal information or records in our possession, you must make a written request. You can make a request using the fillable Freedom of Information Request for Access to Records form.
Please be specific in your request. In accordance with FOIPPA, fees can be applied if the retrieval and production of records exceeds three hours, so it is important to be as specific as possible in your request.
In order to request a record, submit a request in writing to BCFSA at [email protected] or by mail or in-person at:
Attn: Privacy Officer
BC Financial Services Authority
600-750 West Pender Street
Your request will be reviewed to determine whether the information you are seeking is routinely available, or if further searching, compiling, and review is required. We will contact you within one business day to confirm your request, provide you with a file number, and to advise of any delays we expect. We will also provide details about how you can submit the $10 application fee. Payment of an application fee is required for all requests, except for requests for your own personal information.
BCFSA will respond to you within 30 business days of receiving your request or after receiving your application fee, as applicable. In some cases, we may extend the 30-day time period for responding to a request (for example, if you have not given enough detail to enable BCFSA to identify a requested record). If this occurs, BCFSA will notify you as soon as possible stating the reason for the extension and when a response can be expected.
Once your request is received, we will contact the appropriate department(s) to retrieve the records you are seeking. Your identity is kept confidential throughout the process. You will be advised if there is a large quantity of records, and/or if there is likely to be a fee associated with your information request.
We will review the information for completeness and privacy concerns. If there is information that we cannot provide, we will remove that information from the document and mark it with the relevant section(s) of FOIPPA to explain why it has been withheld.
Your formal request may be subject to additional fees. These fees are listed in Freedom of Information and Protection of Privacy Regulation (gov.bc.ca). We will provide you with an estimate if it appears that your request may result in additional fees. Please note that we are prohibited from charging fees for requests for your own personal information.
We prepare your information release and send it to you by email, mail, or secure file transfer, or advise you that it is ready to be picked up.
BCFSA may refuse access to certain records or personal information where authorized or required by law to refuse access. Where access is refused, you will be notified of this decision in writing and provided reasons for the refusal.
If you are dissatisfied with the results of an information request or if you are dissatisfied with the way BCFSA has handled your personal information, you may submit a complaint to BCFSA. BCFSA’s Privacy Officer will review all complaints and make every reasonable effort to resolve complaints.
You may also request a review, seek advice from, or file a written complaint with the Office of the Information and Privacy Commissioner (“OIPC”). The OIPC provides independent oversight and enforcement of BC’s access and privacy laws.
The OIPC ensures that your rights under FOIPPA are protected and that disputes are resolved in a fair and unbiased manner.
Complaints and review requests can be sent to:
Office of the Information and Privacy Commissioner
PO Box 9038, Stn. Prov. Govt
4th Floor, 947 Fort Street
Victoria, BC V8V 3K3
Telephone number: (250) 387-5629
Facsimile number: (250) 387-1696
When you visit BCFSA’s website, the website automatically collects a limited amount of information essential for the operation, security, and reporting analytics of the site. Some of this information (e.g., browser type) does not identify who you are, while other information, such as your IP address, may identify you.