The British Columbia Financial Services Authority (BCFSA) launched a “Search Before You Sign” consumer campaign for Fraud Prevention Month in March, encouraging people to verify the credentials of financial services professionals and institutions before making major financial decisions. Through a search on BCFSA.ca, consumers can confirm whether a real estate professional is licensed, a mortgage broker is registered, and whether an insurance company, trust company, or credit union is authorized to operate in British Columbia. BCFSA framed the campaign as a due diligence step to reduce fraud risk and help ensure consumers work with professionals and firms that are subject to BCFSA standards and accountability mechanisms.
British Columbia Financial Services Authority 2025-03-03
British Columbia Financial Services Authority launches Search Before You Sign fraud prevention campaign
The British Columbia Financial Services Authority (BCFSA) launched a "Search Before You Sign" campaign for Fraud Prevention Month, urging consumers to verify the credentials of financial services professionals and institutions. The initiative aims to reduce fraud risk by encouraging due diligence through BCFSA's online resources, ensuring engagement with licensed and authorized entities.