Appointed in fall 2018 by Minister of Finance Carole James, the Expert Panel on Money Laundering will be reviewing British Columbia’s real estate sector and offering solutions to prevent market manipulation and money laundering. The panel consists of three members, who offer experience and knowledge pertaining to government policy, real estate and money laundering.
You can read the Terms of Reference.
Panel chair Maureen Maloney is a professor of public policy at Simon Fraser University, where she teaches and researches justice systems, human rights and conflict management and resolution. Formerly a professor at the University of Victoria, Maloney served as the Chair in Law and Public Policy, as well as the Director of the Institute for Dispute Resolution. She has previously spent 10 years working at with the Attorney General as both Deputy Minister to the Attorney General and Deputy Attorney General. Prior to this, Maloney was the first woman Dean of Law in British Columbia.
Tsur Somerville is an associate professor and holder of the Real Estate Foundation Professorship in Real Estate Finance at the Sauder School of Business at UBC, where he has been a professor for over twenty years. Somerville’s research focuses on real estate development, mortgage and real estate finance, and housing markets. He is a senior fellow with the UBC Centre for Urban Economics and Real Estate, where he previously served as director from 2001 to 2016.
Brigitte Unger is currently a professor at the University of Utrecht in the Netherlands, where she is also the Chair of Economics of the Public Sector. A world expert on money laundering, Unger organized the first international anti-money laundering conference in 2006 and conducted the first money laundering study for the Netherlands. Unger is a consultant with the Dutch Ministry of Finance, the United Nations Office on Drugs and Crime, the European Union and Eurostat on money laundering issues.