Recent Posts by CMSBA

Newsletter May 2025 (Public version here)

With just days to go before CMSBA Spring Training 2025, momentum continues to build for another AMAZING event. We’re thrilled to welcome attendees in person and online on June 4 in Toronto for a full day of insight, collaboration, and conversation with industry leaders, compliance professionals, and regulators. If you haven't got your tickets yet,…
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Newsletter July 2025 (Public version here)

As we move into the second half of the year, it is clear that the pace of regulatory change and industry activity continues to accelerate. This month’s updates reflect the increasing complexity of compliance obligations and show the resilience of our community in responding to these challenges. More info here...
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Canadian MSB Association’s 2025 Fall Conference.

📅 Dates: November 4 and 5, 2025🕘 Time: 9:00 a.m. to 5:00 p.m.📍 Venue: Polish Combatants Hall, 206 Beverley Street, Toronto, Ontario, M5T 1Z3🎥 Format: Hybrid (in person and live stream)🤝 Networking: November 4, 5:30 p.m. to 7:00 p.m., sponsored by The AML Shop Topics will include:• ⚖️ Implementation of the March 2025 PCMLTFA amendments•…
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Clarification on MSB Registration and Operations – Cheque Cashers

FINTRAC has clarified a key question: existing cheque cashers awaiting MSB registration renewal can continue operating, but new cheque cashing businesses must wait until registration is approved before starting operations. The statement also includes language MSBs can use in discussions with partners while delays persist. [More info here]
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Possible Technical Issue: MSB Registration Renewals

After raising concerns about missing MSB registration renewals, the CMSBA received clarification from FINTRAC on a possible cause: some forms may have been misrouted due to interim webform limitations. While only a small number of cases are believed to be affected, FINTRAC has since updated the form structure and now provides a confirmation ID at…
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