Navigating the Canadian regulatory landscape as a Money Services Business (MSB) can be complex. Whether you’re launching a new operation or scaling an existing one, maintaining regulatory compliance is critical to obtaining banking relationships, avoiding penalties, and ensuring long-term success.
At Instamax Advisory, we specialize in fractional compliance officer solutions tailored for Canadian MSBs. Our packages are built for startups, international entrants, and established operators looking to outsource key compliance functions while staying aligned with FINTRAC and Bank of Canada requirements.
Why Choose Instamax for Compliance Support?
- ✔️ Appointed Compliance Officer in Canada
- ✔️ Fractional Compliance & AML Services – Scalable & Cost-Effective
- ✔️ Crypto-Friendly, FX-Friendly, and High-Risk Banking Support
- ✔️ Proven Track Record with Canadian MSB Licensing & Operations
- ✔️ In-Depth Knowledge of FINTRAC Guidelines and Regulatory Trends
Whether you’re applying for a corporate bank account, building your AML policy framework, or preparing for a FINTRAC audit, our solutions are designed to meet your specific stage of growth.
Pre-Operational Compliance Packages
Launch with confidence. Build a strong foundation before you go live.
We offer two tiers in our Pre-Operational Suite designed for MSBs preparing for regulatory registration, onboarding with banking partners, and initial compliance setup.
1. Basic Compliance Package
For Early-Stage MSBs Establishing Presence in Canada
Launch your business with the essential tools to meet Canadian AML requirements and secure bank accounts.
Included Services:
- ✅ Appointed Canadian Compliance Officer
- ✅ Registered Canadian Office Address + Proof of Address (Proof for regulators & banks)
- ✅ Tailored AML Policies & Procedures, compliant with FINTRAC regulations
- ✅ Compliance Advisory Support during setup and registration
- ✅ One (1) Corporate Bank Account Setup, including onboarding assistance
>> Perfect for MSBs seeking a credible, compliant setup to begin operations.
2. Premium Compliance Package
For Scaling MSBs Needing Legal Flexibility & Multi-Banking Support
Includes all Basic Package features, plus:
- ✅ Two (2) Corporate Bank Account Setups – Enhanced flexibility and risk mitigation
- ✅ Three (3) Hours of Monthly Legal Support – Legal guidance on compliance, operations, and contracts
>> Ideal for businesses that want to mitigate risk, expand banking access, and receive regular legal support.
Operational Compliance Packages
Stay compliant. Scale with confidence. Be audit-ready.
Once your MSB is operational, you must maintain strict ongoing compliance with FINTRAC and Bank of Canada expectations. Our Operational Services Packages ensure your business meets day-to-day regulatory obligations and remains audit-ready at all times.
1. Basic Operational Package
For MSBs managing internal compliance with external expert support
This package supports in-house compliance teams with expert guidance and regulatory resources.
Included Services:
- ✅ All features of the Basic Pre-Operational Package
- ✅ Client Onboarding Consulting – Risk-based KYC framework design
- ✅ Transaction Monitoring Setup – Assistance in building scalable internal systems
- ✅ Regulatory Filing Support – Templates + expert review for FINTRAC submissions
- ✅ Record-Keeping Advisory – Ensure data retention compliance
- ✅ Audit & Examination Preparation – Support before regulatory inspections
>> Great for MSBs who want to remain compliant while keeping some tasks in-house.
2. Premium Operational Package
For MSBs looking to fully outsource compliance to experts
This full-service option allows you to offload day-to-day AML/Compliance operations to trusted professionals.
Included Services:
- ✅ All features of the Premium Pre-Operational Package
- ✅ Client Onboarding Management – Setup and administration of workflows
- ✅ Transaction Monitoring Implementation – Full support for real-time compliance tools
- ✅ Complete Regulatory Filing Support – We prepare and submit all documents
- ✅ Full-Service Record-Keeping – Compliant data retention and documentation protocols
- ✅ Mock Audits & Regulatory Readiness – Stress-free preparation for FINTRAC reviews
>> Ideal for MSBs that prefer to focus on growth while leaving compliance to experienced hands.
Canada’s Regulatory Landscape: Why Compliance Can’t Be Delayed
Canadian MSBs are regulated by FINTRAC (Financial Transactions and Reports Analysis Centre of Canada), which enforces Anti-Money Laundering (AML) laws and reporting obligations. Additionally, the Bank of Canada may have oversight on broader systemic risk issues, especially for firms involved in digital payments or crypto.
Failing to meet compliance requirements can lead to:
- 🚫 Bank account closures
- 🚫 FINTRAC penalties or license suspension
- 🚫 Damage to reputation and business interruption
Don’t risk non-compliance. Work with a team that understands the nuances of Canada’s regulatory ecosystem.
Ready to Hire a Compliance Officer in Canada?
If you’re searching for:
🔎 “Compliance Officer Canada” 🔎 “Compliance Support Canada” 🔎 “Fractional Compliance Officer for MSB” 🔎 “Compliance Officer job Canada (outsourced)”
— Instamax Advisory is your trusted partner.