The regulatory workload, explained plainly.
Plain-language educational overviews of the regulatory workload behind BC real estate and construction operations — FINTRAC duties, builders lien holdbacks, privacy law, and trust accounting. Written for operators, reviewed against official sources, and never a substitute for advice.
Educational overviews only — not legal, accounting, or compliance advice. Each guide names the official sources to rely on instead.
THE PILLARS
Four obligations, designed into the product
OpSphere structures the records behind Canadian real estate’s heaviest obligations. The obligations stay yours; the record-keeping stops being a scramble.
BROKERAGE
FINTRAC workflows
Client identification, structured record keeping, and review sign-offs built into deal intake — so the record exists the moment the work happens, not the week before an examination.
CONSTRUCTION
BC Lien Act holdbacks
The 10% holdback, the 45-day lien window, the 55-day release clock — tracked as a ledger per contract with portfolio-wide countdowns, not calendar reminders.
REGULATOR
BCFSA workflow support
Trust deposit and release records tied to the deal, routed approvals, and locked history — a coherent operational trail when your accountant or the regulator asks.
PRIVACY
PIPEDA-aligned data handling
Tenant-scoped, role-gated records with audit trails on sensitive data — the access and retention discipline Canadian privacy law expects, designed in rather than bolted on.
AUDIT-READY BY ROUTINE
One workflow shape, every obligation
FINTRAC identification, holdback releases, trust deposits — different rules, same operational shape: capture the record at intake, run the checklist, review, approve, lock. When the examination comes, the evidence is a report, not a reconstruction project.
THE GUIDES
Start with the obligation in front of you
HOW TO USE THIS HUB
Orientation first, official sources always
These guides exist to give operators a working mental model before the conversation with counsel or an accountant — so the right questions get asked. They are reviewed against the official sources each page cites, and dated so you can judge freshness.
These guides are
Plain-language overviews of the operational work behind each obligation, with the official source named beside every topic.
These guides are not
Legal, accounting, or compliance advice — and not a current statement of any requirement. Statutes, rules, and guidance change.
When in doubt
Go to the named official source — FINTRAC, BC Laws, the BC government, the OPC, the OIPC BC, or BCFSA — and bring the question to your professional advisors.
Compliance records built into the work.
OpSphere structures the records behind these obligations — FINTRAC-aware deal checklists, holdback ledgers, audit trails. The obligations themselves stay yours, and your advisors stay essential.
This guide is a general educational overview written for operations teams. It is not legal, accounting, or compliance advice, it is not a substitute for the official sources it references, and requirements change. Confirm current requirements against the official sources cited on this page and consult your lawyer, accountant, or compliance professional before acting.