Most Dealers in Virtual Currencies (DiVC) in Canada now have had a full year’s experience under the Proceeds of Crime, Money Laundering, and Terrorist Finance Act and associated regulations (PCMLTFA/R). At that time, DiVCs had to navigate this new world as administered by FINTRAC. Sometimes on their own, with the assistance of others, and most ...
On April 27, 2022, new regulations were introduced by the Department of Finance enacting requirements specifically targeted towards Payment Services Providers (PSP) and crowdfunding platforms. FINTRAC has recently sent a follow-up notice on July 21, 2022, related to the fact that there is an expectation that ALL PSPs, with very few exceptions, register with FINTRAC. ...
Chargebacks are a complicated matter when they happen nowadays given that there has been a liability shift from the merchant to the issues in most cases due to the use of 3D Secure, EMN, TAP and PIN, as well as things like Interac e-transfers, Pre-authorized Debit, and wallet providers. This shift still hasn’t stopped most ...
This year's session will be held over 2 days, with the first day for Virtual FRENCH session in AM, and workshops in PM, and a full 2nd day. The Canadian MSB Association Fall Conference is back! The Fall Conference will take place over two days and will give participants a chance to learn and find ...
The session is on January 27th, 2023 1:00 - 3:00 PM and it is free for everyone. You definitely don't want to miss out on this informative session. Looking forward to seeing you on January 27, 2023, from 1-3 pm! Regards, The Canadian MSB Association
On June 1, "2021 the PCMLTF Regulations changed the prescribed timeline for filing STRs from "within 30 days" to "as soon as practicable
We are excited to announce the CMSBA Annual Spring Conference happening May 3 & 4, 2023 with parts in French & English and all Virtual and some in-person. Let's explain… On May 3, 2023 from 1-5pm EST we will be hosting a Virtual 1/2 day session for our French speaking presenters and members and on ...