Assessing your business model
We review your services, flows of funds and assets, customers and business presence to identify the questions to resolve before preparing an application.
Business services - International regulation
Advice for crypto businesses assessing entry into the Canadian market and preparing for FINTRAC registration. We review your business model and the scope of support, from initial assessment to organising documentation and the compliance programme.
Book a business assessment →USD 95 - 60 minutes - Online consultation
For virtual asset exchange or transfer projects and other businesses assessing whether they fall within the Money Services Business (MSB) or Foreign Money Services Business (FMSB) framework. Also for existing businesses reviewing their registration and controls.
FINTRAC registration is not a licence or regulatory endorsement. It does not replace other requirements that may apply to your activities, province or structure.
We review your services, flows of funds and assets, customers and business presence to identify the questions to resolve before preparing an application.
We assess your structure and connection with Canada to determine which registration category may apply. Incorporating a company and registering its activities are separate steps.
We organise information about the company, responsible individuals, ownership and services. We identify missing documents and define the support included in the engagement.
We assess the AML/KYC policies, risk assessment, responsibilities and supporting evidence your operations need. Registration must be accompanied by a compliance function suited to the business.
The initial consultation helps determine where to start. It does not, by itself, include the full application process or ongoing compliance services.
No. We can first review your current structure, where the business operates and its target customers. Whether the MSB or FMSB category applies depends on the circumstances; incorporation alone should not be assumed to resolve the regulatory position.
No. FINTRAC states that registration is not a licence or approval of business practices. We separately assess any other regulatory requirements that may apply.
No. FINTRAC sets compliance, customer due diligence, record-keeping and reporting obligations, depending on the activities. The proposal should address how the business will maintain its processes and information.
No. The outcome and timing depend on the authority, eligibility and information provided. The engagement defines the professional work and scope of support, without promising approvals or bank accounts.
A 60-minute online session to understand the project, identify priorities and define the support needed. Document preparation, the application, third-party services and ongoing support are quoted separately.
Content by Franco Daniel Valencia Marin - Reviewed on 11 October 2026.
Official sources: FINTRAC: MSB obligations · FINTRAC: scope of registration.
Your next step
Tell me what your project does and the markets where you want to operate. We review your priorities and the scope of support you need.
Book an assessment - USD 95 / 60 min