Conflicts of Interest, Borrower Disclosure and Remuneration Under the BC MSA

DATE: September 16, 2026
TIME: 10am – 11am PT/1pm-2pm ET
LOCATION: Zoom

This webinar will address conflicts of interest and interests under Forms 3, 8 and 9, as well as borrower disclosures and remuneration under Forms 4 and 7. The session will focus on the applicable forms and disclosure requirements under British Columbia’s Mortgage Services Act.

Topics include:

• Conflicts of interest and interests under Forms 3, 8 and 9
• Borrower disclosures under Form 4
• Remuneration disclosures under Form 7
• The relationship between conflict, interest, borrower disclosure and remuneration requirements
• Applying the forms in mortgage transactions

Speakers:

Ray Basi, B.A. Honours 1st Class (Criminology), LL.B., J.D.

Mortgage Broker Educator (current)
• Mortgage Broker Education by Ray Basi (MBERB)

Director of Education and Policy (11 years)
• Canadian Mortgage Brokers Association of BC (CMBA-BC)
• Mortgage Brokers Institute of BC (MBIBC)

Head of Information and Privacy (3 years)
• Financial Institutions Commission of BC (FICOM),
• Predecessor of BC Financial Services Authority (BCFSA)

Director of Information and Privacy (4 years)
• For four BC provincial government ministries
Lawyer in private practice (16 years)

Samantha Gale, LL.B., J.D, LL.M., Co-Founder CAPL

• Highly qualified regulatory expert with deep expertise in mortgage and real estate issues, lending practices, and financial law and regulation
• Holds a Master of Laws (LL.M.) from Osgoode Hall Law School, specializing in banking and financial law
• Earned a law degree from the University of British Columbia, with significant knowledge in financial transactions, trusts, and estates
• Former CEO of the Canadian Mortgage Brokers Association – BC and the Mortgage Brokers Institute of BC
• Extensive experience in the Canadian mortgage and finance industry
• Prominently contributed to the Cullen Commission, advocating for modernized, balanced legislation in the sector
• Served 15 years with the BC Financial Institutions Commission (FICOM, now BCFSA), providing in-depth statutory and regulatory expertise
• Recognized for outstanding knowledge, practical insight, and leadership within the financial regulatory community