20.500.12592/jxp3f4
Real Estate Regulatory Structure Review
Summary
This is one of the four independent reviews that found extraordinary levels of money laundering in British Columbia's real estate market, casinos and other sectors of the economy which led to the creation of The Commission of Inquiry into Money Laundering in British Columbia. The purpose of this review, as set out in the Terms of Reference, is to: undertake a review of the current state of real estate regulation and develop and present recommendations for the Minister of Finance to consider on how best to ensure the effective regulation of real estate activity in British Columbia. In particular, the purpose of the review is to ensure that real estate regulation appropriately and efficiently protects participants in the real estate market.
