Register your money services business (MSB)
Who has to register?
As a money services business (MSB) operating in Canada, you have to register with us at the start of your business.
- There are no fees.
- If you are licensed or registered as an MSB with a province or territory, you still have to register with us.
- Certain individuals or organizations are not eligible to register and therefore cannot operate an MSB. See Who is not eligible to register?
Submit your initial registration
Steps to register your MSB
What to expect once you sign in to the MSB registration system
Your other registration obligations
Modify or add information such as contacts, agents, locations, and activities
What is a clarification request, how to respond
When and how to renew, how to find your expiry date
Have you stopped offering MSB services?
Denial or revocation of registration
We can deny your registration request or revoke your money services business (MSB) registration for the following reasons:
- you do not reply to a clarification request – see Respond to clarification requests
- you are not eligible for registration – see Who is not eligible to register?
You will be informed in writing of the reasons for the denial or the revocation of your registration.
If you do not agree with our decision, you can request a review of your file. See Reviews and appeals.
If you do not register, you may be assessed penalties or incur other consequences.
- Date Modified: