Council Highlights – November 2017

1. Council elected Brian Klingspon as Chair and Bonny Clark as Chair-Elect

• Brian and Bonny will serve in these positions from November 1, 2017 to October 30, 2018
• outgoing Chair, Christine Zwozdesky, will serve as Past Chair

2. Council approved a revised Council Code of Conduct

• the Governance Committee revised the existing Council Code of Conduct to enhance its clarity, guidance, and expectations for Council members

3. Council approved the Mortgage Brokers Advisory Committee recommendation to develop a consultation paper on the proposed standards of practice and Rule changes for mortgage brokers

• the consultation will focus on amendments to the Real Estate Act Rules to enhance consumer protection levels, including additional consumer disclosure requirements, and verification of mortgage application information and documentation to assist in detecting and suppressing mortgage fraud.
• watch for consultation information early in the new year

4. Council approved written policies for posting Council meeting agendas and minutes to the RECA website

• the new policies take effect January 2018

5. Council approved revised Publications Guidelines

• at its July 2017 meeting, Council approved a recommendation to remove the restrictions within its publication guidelines
• the revised publication guidelines take effect January 2018:
  • RECA will post Notices of Hearing, which include upcoming hearing dates
  • Letters of Reprimand will now include names
  • there will no longer be a 2-year publication limit
  • RECA will share its disciplinary decisions with other disciplinary databases, including CanLII