The British Columbia Financial Services Authority published CEO Tolga Yalkin’s opening remarks from its 2025 Financial Services Sector Forum in Vancouver, framing public confidence as the foundation of a well-functioning financial system and a shared responsibility of regulated firms, professionals, and the regulator. The speech highlights that confidence is under pressure globally from volatility, accelerating technology, and institutional trust challenges, and argues that confidence is reinforced through consistent conduct rather than rules alone. Yalkin positioned confidence as “collective work” across credit unions, insurers, trust companies, pension plans, mortgage brokers, real estate professionals, and property developers, and emphasized principles intended to guide judgment where prescriptive rules cannot, including fairness, transparency, prudence, and service to the public. He also set out the forum agenda, including remarks from the Minister, a keynote by Stephen Poloz on global economic shifts, sessions on British Columbia’s evolving economic landscape and housing policy reforms, and a regulator panel with Dexter John of Ontario’s Financial Services Regulatory Authority and Yves Ouellet of Quebec’s Autorité des marchés financiers.
British Columbia Financial Services Authority 2025-11-14
British Columbia Financial Services Authority convenes 2025 Financial Services Sector Forum focused on strengthening confidence in financial services
The British Columbia Financial Services Authority released CEO Tolga Yalkin’s remarks from the 2025 Financial Services Sector Forum, emphasizing public confidence as essential to a well-functioning financial system. Yalkin highlighted global pressures from volatility and technological changes, advocating for principles like fairness and transparency over prescriptive rules. The forum agenda included discussions on economic shifts and housing policy reforms, featuring speakers such as Stephen Poloz and regulators from Ontario and Quebec.