We provide full-cycle support related to FINTRAC MSB registration, from the initial assessment to preparing the required documentation and submission package. Whether you already have an incorporated business or you are starting a new venture, we help you structure the company and its operating model in line with Canadian AML/CTF requirements and typical onboarding expectations from banks and service providers.
Our work typically includes a review of your business model and customer flows, preparation of AML/CTF policies and internal procedures, and assistance with setting up the core compliance framework needed to operate in practice. We can also support corporate account onboarding by preparing due diligence packages and compliance descriptions that are commonly requested during onboarding.
For companies that require longer-term support, we can assist with ongoing compliance, including documentation maintenance, reporting workflows, and periodic updates as operations scale.
If you are planning to register as an MSB in Canada or want to confirm whether your business model falls within FINTRAC requirements, contact us to schedule a consultation.
Yes. If your company offers crypto exchange, wallet services, remittances, or payment processing involving fiat or digital currencies, MSB registration with FINTRAC is legally required. Operating without it may lead to bank refusals, payment blockages, or legal consequences.
You’ll need corporate documents, information on directors and owners, a business description, AML policies, and internal compliance procedures. We prepare and review the full package for you.
Yes. Foreign founders can register MSB entities in Canada. We help with company setup, appointing a local compliance officer, and fulfilling presence requirements without the need to relocate.
MSB entities must file reports, monitor transactions, update risk assessments, and undergo periodic audits. We provide tools, guidance, or full outsourcing to help meet these ongoing requirements.
