As we previously announced, FINTRAC has been experiencing an ongoing outage affecting reportable transactions and filings.
Recently, FINTRAC has now opened some MSB registration options, while some are still not functional.
In an update on May 17th, FINTRAC released the following web form:
Request for Money services business (MSB) and Foreign money services business (FMSB) registration
This form allows existing MSBs the ability to RENEW, UPDATE and/or CANCEL their registration. Unfortunately, the public registry and the registration portal are still not operating at this time. That means that new applications are still not being accepted at this time.
Please stay tuned to our website for updates as they become available. If you have any questions about the FINTRAC outage, how to access this new webform or want to know if the webform is relevant to your MSB, please reach out and we can help guide you.