2022-Feb-10
Deb White
President
Canadian Mortgage Brokers Association BC
250.545.2202
president@cmbabc.ca
Blair Morrison
Chief Executive Officer (CEO)
BC Financial Services Authority (“BCFSA”)
bcfsa@bcfsa.ca
- Chris Carter, Vice President of Financial Institutions and Mortgage Brokers Market Conduct
- Pamela Skinner, Vice President, Regulatory Services at BC Financial Services Authority
- Saskia Tolsma, Sector Liaison, VP
General Public Notice
{To be more inclusive and to prevent pronoun issues, allow me to use first names, please.}
Deb, and Team BCFSA Top Management (Blair, Chris, Pamela and Saskia),
This is Anoop Bungay, CEO of BCFSA Regulatee, namely, MortgageQuote Canada Corp. MQCC®. Thank you in advance for reading this message; I will be brief as possible.
- Deb: Firstly, thank you and your organization (CMB BC) for arranging the virtual meeting yesterday with some of BCFSA Top Management.
- CMB BC Past President, Geoff Parkin (circa 2011), yesterday, voiced the terminologically generic compound word: “bitcoin” and you, and team BCFSA should know that the message noted below, which was visible to the speakers and panel, is true.
- Exhibit 1

- The highlight passage states: (with some minor editing)
- Geoff Parkin: VISIT WWW.BITCOIN.ECO; created by a BCFSA regulatee in 2005. Yes; Official Authentic Original™ BITCOIN™ was created by a mortgage broker, and BITMORTGAGE® celebrates over 12 years in 2022. Ask the Federal Government; or read the text books; or ask the BC Ministry of Finance (I sent the minister a textbook); plus the METAVERSE MORTGAGE MARKET is over 15 years old, too. FYI.
- There is so much more to tell you but, as privately explained (not yet made public) to some committee leadership at the United States Congress (in their search for answers on matters related to, in part, what MQCC® (Bungay International Inc./Anoop Bungay) first observed, formalized, commercialized, National and International Standardized and continually improved between 2001 to 2005 to 2008 onward to 2022 (and beyond (‘meta’)); it takes over 4 years for a “Bachelor’s” level of understanding; another 2 - 3 years for a “Master’s” level of understanding and 2-3 years for a “PH.D. or Doctorate” level of understanding; plus another 10 to 15 years of commercial experience to become proficient (at an International Consensus Standard level), so I will leave it at this.
- Team BCFSA, please visit:
- Blog.mortgagequote.ca to see my introduction to the Canada Minister of Finance regarding Open Banking (this was several years ago); with respect to the MQCC® trademark goods and services (various applications of non-novel (exact) conformity science (www.conformity.org), marketed world-wide by the a family of trademark source identifiers including:
- BLOCKCHAIN™ - (a trademark brand of quality and conformity management systems and data networks); www.mqcc.org
- BITCOIN™ - (a trademark brand of quality and conformity management systems and data networks); www.bitcoin.eco
- FNFT™ - (a trademark brand of certain proprietary algorithms that are used in certain quality and conformity management systems and data networks for creation, management and trade of digital and non-digital objects with a fungible or non-fungible quality, character or nature); www.FungibleStandard.org
- CRYPTDO™ - (a trademark brand of certain proprietary algorithms that are used in certain quality and conformity management systems and data networks for creation, management and trade of digital and non-digital objects with a fungible or non-fungible quality, character or nature); www.cryptdo.com
- BITMORTGAGE® the world’s first applications of: (www.bitmortgage.com);
- Utility token
- Security token
- Fungible and Non-Fungible data objects
- Conformity token
- And more (not a complete list)
- MQCC® also created the MQCC™ Canada Mortgage/d’Hypothèques Conformity (CMHC) BlockChain (MQCC® CMHC BLOCKCHAIN™); visit www.CMHCblockChain.com to learn more.
- CYBERLOCKCHAIN™ - National and International standards of cybersecurity for mortgage brokers, banks, trustees, credit unions and any regulated or higher-level standards organization; www.cyberlockchain.com; indeed, MQCC® meets or exceeds higher-level contract quality standards requirements trusted by the United States Department of Defense (DOD); National Aeronautical and Space Administration (NASA) and General Services Administration (GSA); and MQCC® processes are insurable and insured by professional liability and commercial risk-insurers for over 14 years.
- And more trademark goods and services (not a complete list); visit MQCC World™ Intellectual Property Oversight (IPO™) BlockChain™ at www.WIPOBLOCKCHAIN.com to learn more.
- Please visit DISCLOSURE OF BLOCKCHAIN™ at www.DisclosureOfBlockChain.com to see the hundreds of peer-to-peer direct and indirect touch points between MQCC® and world leaders.
- Sonia will appreciate my interactions with Canada’s ministry of finance.
- Considering that MQCC® - since at least as early as August 9, 2008 is registered the MQCC® Official Authentic Original™ BITCOIN™ System-Network to the same Federal, Canadian National Standards that the Bank of Canada follows (visit Certified Quality Management-in-Finance Association CQMFA™ www.CQMFA.org to learn more about this), you are learning from a leader.
- Brian will appreciate that I had educated Top Management at Bank of Montreal back in 2016 (as early as Tue, Sep 6, 2016, 10:15 AM) and have, over the years, attended conferences and reached with The Honourable Kevin G. Lynch, P.C., O.C., PH. D, LL.D (at least as early as Mon, Feb 20, 2017 at 1:03 PM).
- As for Chris Carter; Chris will appreciate that MQCC® non-novel (exact) conformity science based standards, systems, technologies, products (goods/wares) and services (processes/methods) are litigation tested (back in 2013) by one or members of the International Conference of Legal Regulators (ICLR); not by a law firm, but by an actual law industry sector/group regulatory body; visit BLOCKCHAIN FOR LAWYERS™ at www.BlockChainForLawyers.com to learn more.
- Pamela Skinner will appreciate MQCC® Metaverse OS (Metaverse brand operating system) regulator module named REGULATOS™ (www.regulatos.com); this is what I introduced to your then-Deputy Premier and Minister of Finance. Visit www.ConformityHandbook.com to learn more; or just do a ‘google search’ for “Anoop Bungay”.
- SAFER CRYPTO™ for Peer to Peer Mortgages; www.SaferCrypto.com
- You may also read my textbooks found on Google Play or Amazon textbooks.
- Bottom line: whatever BCFSA discussed yesterday, from the notion of:
- Managing the “huge wave of change”
- Creating Modern, Effective and Efficient systems [in praxis not merely theory]
- Dealing with both Macro and Micro matters ie:
- Macro
- Credit unions
- Banks (study my work with OSFI and Superintendent Jeremy Rudin back in Mon, Aug 8, 2016, 12:19 AM); an abstract is found at the CANADIAN FEDERAL LAW ENFORCEMENT AGENCY (whose lawyers (at least 2 of them) I have personally trained); found here; https://www.competitionbureau.gc.ca/eic/site/cb-bc.nsf/vwapj/mortgage-quote-canada-submission.pdf/$FILE/mortgage-quote-canada-submission.pdf
- Pension funds
- Mortgage brokers
- Realtors
- Insurance
- Micro
- Retirement
- Housing
- Risk management and decision making [(visit www.mqcc.org; risk-based thinking is MQCC™)]
- Connecting the dots [what MQCC® calls “convergence” -visit www.mqcc.org;]
- Modern, Integrated, Effective Integrated Systems [MQCC® METAVERSE OS™ REGULATOS™ MODULE created for both regulators and regulatees alike to allow for theory and practice to be integrated; imagine establishing a new public policy and within minutes of publishing the policy as a guideline or a requirement, higher-level standards based organizations that use the MQCC® METAVERSE OS™ REGULATOS™ MODULE can integrate the new public policy within their organizational business processes. “REAL TIME REGULATORY CONFORMITY for organizations with 1 employee to 100,000+ employees].
- Streamlined digital (ie: IRIS)
- Routinely meeting “Service Standards “
- Journey of Improvement; [Continual Improvement; read: The 21st CENTURY SCIENTIFIC METHOD™: Triangle to Triangle Pyramid to Solid Square Pyramid: A Stronger Scientific Method using Trademark "Principles of 'BlockChain'™": A FATHER OF BLOCKCHAIN®ᐟ™ Series ]
- Education Systems
- AML (Anti money laundering) [ read CONFORMITY HANDBOOK™ at www.conformityhandbook.com]
- Improving opportunities for mortgage brokers; thinking holistically; “not sitting back” [if you really don’t want to sit back, then license MQCC® standards, systems, technologies, products and services and UPGRADE TO THE FUTURE™; UPGRADE TO THE METAVERSE™; UPGRADE TO MQCC™]
- Mandatory AML model
- Strengthen Mortgage Broker Practices (METAVERSE OS™ REGULATOS™ MODULE)
- Addressing Climate Change [The first application of MQCC® Official Authentic Original™ BITCOIN™ was for a carbon footprint reduction program (cfrp.mqcc.org)
- Natural Catastrophe; Disaster Management; Affect on borrowers; Integrated Regulation [As a risk-based system; disaster management is an inherent element of MQCC® processes].
- Information Security [MQCC® CYBERLOCKCHAIN™ www.cyberlockchain.com; for mortgage broker industry group; finance industry sector and other industry sectors (pan-sector application)]
- Strengthening of mortgage broker and other organizational systems [hardened systems and processes; with over 14 years of continuous registration and annual audits by Canadian Federal Government Accredited Auditors, the MQCC® METAVERSE OS™ is the standard for hardened systems]
- Safe
- Protect
- Secure
- Summary
- AML (anti money laundering)
- Climate Change
- Information Security Cyber Security
- Questions/Comments:
- Open Banking
- Regulatory Road Map
- Macro: Education Blocks/AML Commission
- Micro: Course changes; IRIS; Day-to-Day Activities; In box (news updates)
- Regulatory Priorities:
- Follow Rules [MQCC® METAVERSE OS™ REGULATOS™ is a designed from the ground up as a “rules based system)]
- Suitable mortgages
- Conduct standards (MQCC® HIGHER-LEVEL STANDARDS™)
- Industry
- Raise bar [MQCC® is happy to license its intellectual property to qualified regulatory and regulated organizations, world-wide]
- Develop Standards [MQCC® is happy to license its intellectual property to qualified regulatory and regulated organizations, world-wide]
- Do Education [MQCC® is happy to license its intellectual property to qualified regulatory and regulated organizations, world-wide]
- Reporting non-compliance [Industry nonconformity events or indicators of nonconformity requiring investigation and corrective action]
- Unregistered activity
- Manipulation of data
- Goal is to keep consumer confidence of the system [MQCC® CHANGED THE SHAPE OF HOW CONSUMERS EXPERIENCE CONFIDENCE IN CRITICAL AND COMPLEX REGULATORY-BASED ENVIRONMENTS]
- Consumer protection is the focus.
- What do regulators do?
- Safety and soundness
- Managing risk
- Consumer Protection
- Justice needs to be done and needs to be seen
- Something is happening; from open banking to changes by federal and provincial bodies; [See letter to Federal Treasury Board of Canada: Citation: This document may be cited as: Bungay, Anoop. (2019). Submission to Treasury Board of Canada; All Canadians and International Stakeholders re: Modernizing Canadian Regulatory Systems and International Equivalent Governing Systems - November 13, 2019. Calgary, Alberta: MQCC Money Quality Conformity Control Organization. Here: https://mqcc.page.link/tbs]
- “Bitcoin” [used in the generic sense; MQCC® is what BITCOIN, BLOCKCHAIN, CRYPTO, FNFT is and does™; the standard (trusted by legal professionals, insured by professional liability insurers) of correct and proper “crypto”, ‘nft’ and other innovations were established over the past 20 years by MQCC® and if any mortgage broker and regulator wants to learn about it, MQCC® is here.
- MBRCC knows; FSRA (Ontario knows); RECA (Alberta) knows. Now, you know.
Well, I better go because if I sit longer, I will need to add an ISBN number and convert this to a textbook. This outreach is intended to be a formal courtesy “FYI”.
Sincerely yours,
/s/
Anoop Bungay
Published (or to be published) at blog.mortgagequote.ca
PS: Brian, CEO of BCFSA; if Rob O’Brien, Managing Director, Policy Financial Institutions Commission of BC Rob.Obrien@ficombc.ca or 604 398-5497 is still working with you; ask him to share the email I wrote to him back on: Wed, Jul 17, 2019, 10:42 AM entitled:
FICOM BC; Managing Director, Policy - Introduction to MQCC - 13 Year Old, Defense-Grade, Meta Operating "BlockChain"-based System for Conformity of "Non-Bank/Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Financial Transactions
As mentioned to Rob:
With your background in defense, aerospace, international trade, technology, finance and regulatory matters, perhaps you might see an opportunity for FICOM to work with MQCC? Your candid thoughts on the foregoing introduction would be helpful at this time, Rob.
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Money Quality Conformity Control Organization MQCC™
Incorporated as MortgageQuote Canada Corp.
Head Office: 548 Rundleridge Drive NE, Calgary, Alberta T1Y-2K7
Toll Free Phone: +1-866-948-7283 Toll Free Fax: +1-866-948-3291
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