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Fintech
Canadian MSB for Sale: Should You Buy One or Register a New MSB?
Considering a Canadian MSB for sale? Compare buying an existing MSB with registering a new one, including timelines, RPAA implications, due diligence, and banking.
Get a fractional compliance officer (CAMLO / MLRO) and outsourced AML team to manage KYC, transaction monitoring, FINTRAC reporting, record keeping, policies, training, and ongoing compliance.
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Renno's Fractional AML service is an outsourced AML compliance solution for Canadian MSBs. We provide an experienced Canadian compliance officer (CAMLO / MLRO) and dedicated AML team to manage day-to-day compliance obligations, support a Canadian physical presence, and help keep your program aligned with FINTRAC requirements.
Adhere to Canadian AML regulations with expert guidance.
Meet FINTRAC and bank account provider requirements.
Leave compliance to us and concentrate on scaling your business.
Tailored AML Services for Canadian MSBs: Ensuring Compliance and Smooth Operations
Register your Money Service Business (MSB) with Renno's expert assistance to ensure compliance with Canadian AML regulations.
We provide a comprehensive AML policy, tailor it to your business needs, and ensure full compliance.
Our experts guide you through each step, ensuring all AML requirements are met efficiently and accurately.
Select the Ideal Plan for Your Business
Our customized AML policy packages are designed to address the specific needs of your Money Service Business (MSB). These services are comprehensive, ensuring that you can navigate the AML compliance landscape smoothly and maintain adherence to all necessary regulations. Choose the package that aligns best with your business requirements:
The pricing in the below table applies to companies that have not onboarded any clients. Our work will focus on fine-tuning your AML policies, onboarding them with bank account providers, and preparing your for launch.
The pricing in the below table applies to companies that have begun onboarding clients. Our work will focus on taking care of your day-to-day compliance operations.
*Final pricing depends on business needs and will be provided after understanding the business.
Trusted by 40+ Fintech startups across 10+ countries
Proven track record in navigating the Canadian regulatory environment.
Customized services to meet your unique business needs.
We’re the only firm in Canada with compliance AND legal practitioners - we have you covered from every angle!