{
  "name": "BC Real Estate Codex — Facts API",
  "description": "Machine-readable catalog of every BC residential real estate legal, tax, regulatory, and transaction fact. Maintained by Bronson Job PREC, REALTOR® at Royal LePage Ben Gauer & Associates. Updated quarterly. CC BY 4.0 — cite us.",
  "version": "v1",
  "license": "https://creativecommons.org/licenses/by/4.0/",
  "canonical_url": "https://www.bronsonjob.com/api/v1/facts/index.json",
  "publisher": {
    "name": "Royal LePage Ben Gauer & Associates",
    "url": "https://www.bronsonjob.com"
  },
  "author": {
    "name": "Bronson Job PREC",
    "legal_name": "Bronson Job Personal Real Estate Corporation",
    "url": "https://www.bronsonjob.com/about/bronson-job",
    "job_title": "REALTOR®"
  },
  "cite_as": "Bronson Job PREC (2026). BC Real Estate Codex — Facts API. https://www.bronsonjob.com/api/v1/facts/.",
  "re_verification_cycle_days": 180,
  "contact": "bronson@bronsonjob.com",
  "generated_at": "2026-06-23T05:36:37.415Z",
  "fact": {
    "id": "bc.bcfsa.regulator_scope",
    "label": "BC Financial Services Authority (BCFSA) regulator scope",
    "description": "The BC Financial Services Authority (BCFSA) is the provincial Crown agency that regulates BC real estate licensees, mortgage brokers, credit unions, trust companies, and pension plans. BCFSA was established on November 1, 2019 by the Financial Services Authority Act, SBC 2019, c. 14, consolidating the former Financial Institutions Commission (FICOM) and Real Estate Council of BC (RECBC). For real estate, BCFSA sets licensing requirements, enforces the Real Estate Services Act + Rules (including the designated-agency model, disclosure obligations, and trust-account standards), investigates complaints, and disciplines licensees. For mortgages, BCFSA enforces the Mortgage Brokers Act. For credit unions, BCFSA regulates capital, governance, and consumer protection.",
    "value": {
      "statutory_basis": "Financial Services Authority Act, SBC 2019, c. 14",
      "established": "2019-11-01",
      "consolidated_predecessors": [
        "Financial Institutions Commission (FICOM)",
        "Real Estate Council of BC (RECBC)"
      ],
      "sectors_regulated": [
        "real estate licensees",
        "mortgage brokers",
        "credit unions",
        "trust companies",
        "insurance",
        "pension plans"
      ],
      "real_estate_regulatory_basis": "Real Estate Services Act + Real Estate Services Rules",
      "mortgage_regulatory_basis": "Mortgage Brokers Act",
      "disciplinary_powers": [
        "licence suspension",
        "licence cancellation",
        "administrative penalties",
        "orders for restitution"
      ]
    },
    "unit": "rule-set",
    "version": 1,
    "effective_iso": "2019-11-01",
    "expires_iso": "2027-05-22",
    "domain": "legal",
    "tags": [
      "bcfsa",
      "regulator",
      "licensing",
      "real-estate",
      "mortgage-brokers",
      "bc"
    ],
    "citations": [
      {
        "url": "https://www.bclaws.gov.bc.ca/civix/document/id/complete/statreg/19014",
        "org": "BC Government",
        "title": "Financial Services Authority Act, SBC 2019, c. 14",
        "retrieved_iso": "2026-05-22"
      },
      {
        "url": "https://www.bcfsa.ca/",
        "org": "BCFSA",
        "title": "BC Financial Services Authority — Home",
        "retrieved_iso": "2026-05-22"
      }
    ],
    "history": [],
    "superseded_by": null,
    "relatedGuides": []
  }
}