The British Columbia Financial Services Authority is seeking feedback from regulated entities on a proposed framework to make its industry fee reviews more consistent and predictable. The framework would keep fees current, align them with regulatory activity and avoid large, infrequent adjustments across mortgage services, real estate, real estate development marketing, credit unions, pensions, insurance companies and trust companies. The proposal addresses differing fee structures and review cycles inherited when separate regulatory functions were consolidated. The authority is also consulting the pension industry on proposed fee changes after finding that pension fee revenue has remained relatively unchanged since 2020 while oversight costs have risen. Any specific fee changes under the broader framework would require government approval.
2026-09-17British Columbia Financial Services Authority
British Columbia Financial Services Authority seeks feedback on standardized industry fee review framework
The British Columbia Financial Services Authority is seeking feedback on a standardized framework for reviewing fees across its regulated industries. The framework is intended to keep fees current, align them with regulatory activity and prevent large, infrequent changes, while any specific adjustments would require government approval.