Canada money services business (MSB) and FINTRAC registration
FINTRAC compliance programme and its upkeep
FINTRAC compliance: the compliance programme, the compliance officer appointment, the risk assessment and two-year effectiveness review, and the registration renewal.
In short
FINTRAC compliance: the compliance programme, the compliance officer appointment, the risk assessment and two-year effectiveness review, and the registration renewal. The price is from €1,950, excluding VAT. How long it takes: usually within 7 working days after we have received the necessary information. It is ordered and paid on micaconsult.com.
Who it is for
Canadian MSBs.
Price
| Service | Price | Order |
|---|---|---|
| FINTRAC compliance programme | from €4,600 | Order |
| Designated compliance officer — appointment | from €2,200 | Order |
| Risk assessment and two-year effectiveness review | from €3,400 | Order |
| FINTRAC registration renewal | €1,950 | Order |
All prices are in euros and exclude VAT. VAT is added where it applies under the Estonian Value Added Tax Act.
What the price includes
- Written compliance policies and procedures, risk assessment, ongoing training programme (PCMLTFR s. 156)
- The programme, appointment, review or renewal ordered
Not included in the price
- Ongoing reporting by the MSB
State and notary fees
All fees and charges are included in the price — you pay nothing extra.
Requirements
A two-year effectiveness review and renewal are legal requirements. FIU licence FIU000117 is LexorCorp's own licence for its trust and company services; it does not authorise the client.
Documents and information we need from you
Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
Process
- You: Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
- LexorCorp: Prepare the application and its documents and manage the procedure until the decision.
- Authority: FINTRAC supervises.
How long it takes
Usually within 7 working days after we have received the necessary information
Prepared for your company: usually delivered within 7 working days after we have received the necessary information.
Law and requirements
- Proceeds of Crime (Money Laundering) and Terrorist Financing Act and Regulations (Canada)
General information about our service, not legal advice.
Questions and answers
FINTRAC compliance programme and its upkeep: what does it cost?
From €1,950, excluding VAT. All fees and charges are included in the price — you pay nothing extra.
FINTRAC compliance programme and its upkeep: who is it for?
Canadian MSBs.
FINTRAC compliance programme and its upkeep: how long does it take?
Usually within 7 working days after we have received the necessary information
What is not included in the price?
Ongoing reporting by the MSB.
Who makes the decision?
FINTRAC supervises.
Related services and add-ons
- Canada MSB — incorporation and FINTRAC registration — from €19,500
- Canada MSB — acquisition of a FINTRAC-registered corporation — from €47,500
Part of
Order: FINTRAC compliance programme and its upkeep · from €1,950 See it in the price list