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Are there any exceptions to registering? Are charities exempt from registering?

April 26, 2017Charities exceptions exempt

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Are there any exceptions to registering? Are charities exempt from registering?

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No, all MSBs operating in Canada must register with FINTRAC. For more information on the definition of an MSB, please see our MSB registration pamphlet on this Web site.

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No, all MSBs operating in Canada must register with FINTRAC. See FINTRAC Interpretation Notice No.1 Criteria for Engaged in a Money Services Business for more information about who is considered a money services business.