Expanding to Canada: A Regulatory Roundtable for UK Financial Services
Considering Canada as your next market?
Join Jonathan Greenstein from Lagom Consulting and Sean Parker from AML Consultancy Inc, for a private breakfast roundtable at the High Commission of Canada in London.
Canada regulates payments and money services differently from the UK. Firms need to understand two regulators: FINTRAC, Canada’s anti-money laundering regulator, and the Bank of Canada, which supervises payment service providers. This session is a practical, candid walkthrough of what each expects from UK firms.
What we’ll cover
Your Canadian obligations — what applies when you open a presence in Canada, and what applies when you send transactions into Canada without one
The FINTRAC process — how registration works and what regulators look for
The Bank of Canada process — how payment service provider registration and supervision work in practice
Open discussion — bring your questions and expansion plans
Who should attend
Founders, CEOs, heads of compliance, MLROs and strategy leads at UK payment institutions, e-money firms, money remitters, FX and cross-border payments providers, and fintechs exploring Canada.
Agenda (suggested timings)
09:00 — Arrival, coffee and introductions
09:20 — Canadian obligations for UK firms
09:45 — The FINTRAC process
10:10 — The Bank of Canada process
10:30 — Open roundtable discussion
11:00 — Close
Please note
Seats are limited and registration is subject to approval. Please register with your full name as it appears on your photo ID, which you’ll need to bring for entry to the High Commission. The discussion will be held under the Chatham House Rule.