Canada – Money Services Business
Financial Transactions and Reports Analysis Centre of Canada | Timeframe: 3-6 months
License Overview
Regulatory Authority
Financial Transactions and Reports Analysis Centre of Canada
(FINTRAC)
License Type
Money Services Business
(MSB)
Timeframe
3-6 months
Shareholders
Corporate body or individual
Capital & Leverage
Required Capital
No minimum capital requirements
Leverage
N/A
Operational Requirements
Physical Presence
Not required
Staff Requirements
- Chief Compliance Officer
- Directors with relevant experience
Why Canada?
- Access to North American markets
- Strong regulatory framework with consumer protection
- Stable political and economic environment
- Clear compliance requirements
- G7 member with global credibility
Quick Facts
Timeframe3-6 months
RegulatorFINTRAC
OfficeNot Required
LeverageN/A
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