Hey Compliance Nerd! I want to start serving clients in Quebec. I've already got a respondent, since I don't have offices in Quebec... but my respondent is telling me that it could take as long as six (6) months to get a license under Quebec's MSB Act?!? What's up with the time that this takes? Is there a "grace period" or something that would let me start serving clients ASAP once I've submi...
Hey Compliance Nerd! I have customers in Quebec but I don't have any offices or staff located in Quebec, nor do I offer any services in French. Do I really need to get a money services business (MSB) license from the Quebec Authorite des Marches Financiers (AMF)? I’d Rather Not Hey I’d Rather Not, I feel your pain. Like most of us, you would rather not do extra work if you don’...