The New BC MSA Disclosure Framework, Representation and a Residential Transaction Walkthrough
DATE: September 9, 2026
TIME: 10am – 11am PT/1pm-2pm ET
LOCATION: Zoom
This webinar will review the new British Columbia Mortgage Services Act disclosure framework, how the forms fit together, and major changes from the Mortgage Brokers Act. The session will address representation and unrepresented parties under Forms 1 and 2, followed by a residential transaction walkthrough showing the forms in sequence.
Topics include:
- The new BC MSA disclosure framework
- How the forms fit together
- Major changes from the Mortgage Brokers Act
- Representation and unrepresented parties under Forms 1 and 2
- A residential transaction walkthrough showing the required forms in sequence
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
Speakers
-
Ray Basi
Ray Basi, 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 - CAPL