put forth legislation during the 2015–2016 session requiring Condo Management firms and staff or condo employees and boards to be accredited. Saskatchewan and Alberta Both require property managers to hold a real estate license. Germany In Germany, property management is divided into the areas of home owner‘s association management (WEG-Verwaltung), rental management (Mietverwaltung), and special property management (Sondereigentumsverwaltung) with different clients and tasks. Since 2018, a license in accordance with the Trade Regulation Act (§ 34 C GewO) is mandatory for property managers. This requires sufficient insurance as well as sound financial circumstances and reliability. There are no requirements regarding professional trainings or degrees. However, there is a training obligation of twenty hours within a period of three years. Receiving a license as a property manager in Germany is accompanied by membership of the relevant chamber of industry and commerce. Hong Kong In Hong Kong, property management companies (PMCs) and property management practitioners (PMPs) are regulated under the Property Management Services Ordinance (PMSO) (Chapter 626 of the Laws of Hong Kong), which was enacted in 2016. Only some sections under the PMSO have commenced operation and they are the ones concerning the establishment of the Property Management Services Authority (PMSA) as the regulator for the industry. Apart from establishing the PMSA, the PMSO provides a legal framework for the regulatory regime, and the details of the regime, including the licensing criteria for PMCs and PMPs, are being formulated by the PMSA (public consultation underway) and will be set out in subsidiary legislation. Other sections of the PMSO will commence operation after the subsidiary legislation is passed by the Legislative Council of Hong Kong and commences operation. Certain classes of persons are exempted from the licensing requirement. Those not exempted are required to obtain a licence and failure to do so is a criminal offence subject to a maximum penalty of a fine of HK$500,000 and imprisonment for two years. Those who are licensed are subject to disciplinary actions (including verbal warning, written reprimand, penalty up to HK$300,000, imposition of a condition on licence, suspension and revocation of licences) by the PMSA if they commit a "disciplinary offence" as defined under section 4 of the PMSO. The PMSA may issue codes of conduct containing practical guidance to licensees, including the matters that the PMSA considers to be relevant to determining whether a licensee has committed a disciplinary offence. Under the PMSO,