Groups collaborate on anti-money laundering in B.C. real estate GlobeBC
The joint statement from Eby and James says the actions by the organizations “will go a long way towards getting dirty money out of the real estate market, protecting consumers and helping industry professionals improve their knowledge and regulatory compliance.”
The Real Estate Council of B.C., the disciplinary body for agents and brokerages, announced last week that it had agreed to share information with Canada’s financial intelligence unit, or FINTRAC, in an attempt to fight money laundering.
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