Compliance officers are an integral part of ensuring the success of Canadian MSBs by ensuring that these organizations adhere to all regulatory requirements relating to anti-money laundering (AML) and counter-terrorist financing (CTF). Since the AML/CTF landscape is constantly evolving, compliance officers must stay updated with regulatory changes, industry trends, and...

The money services business (MSB) industry, consisting of money transmitters and foreign exchange providers, is a significant sector that spans from small businesses to large, global corporations. Compliance with anti-money laundering (AML) regulations is perceived to be inconsistent across the industry. This perception is reinforced by the actions of Canada's...

The Canadian fintech landscape, which includes the thriving centers of Toronto, Montreal, Calgary, and Vancouver, is still blowing up following a robust in 2021, which saw the country's highest-ever levels of fintech investment. Canada's importance in the global fintech ecosystem is growing, with 2021 placed to be a milestone year...

In recent times, “cryptocurrencies”, “Bitcoins” and digital assets have become buzzwords and are taking the financial landscape by storm as people rave about their massive earnings and upsides. With its influence garnering support and increase in adoption rates, the digital currencies and assets have become an undeniable form of investment...

The registration process of a company in Canada is rather straightforward and it can be done online. However, before doing so, it is important to understand the different types of companies in Canada as well as their tax implications, advantages and disadvantages. In this article, our team at Tetra Consultants...

The cryptocurrency market has increased in recent years. This has drawn an increasing number of Canadians into the cryptocurrency markets. There are many cryptocurrency platforms and thus, before choosing your platform, it is important to understand what each exchange has to offer. In this article, our team at Tetra Consultants...

Deciding on which countries to expand your business to can be a complex and difficult decision.  As an aspiring entrepreneur, you might have heard of the lucrative business environment of Canada and might be wondering about how you can set up a cryptocurrency company in Canada successfully to gain access...

The interest in cryptocurrency has skyrocketed in recent years due to its potential returns. This has drawn an increasing number of Canadians into the cryptocurrency markets. However, cryptocurrency is a rather new innovation and thus different taxation guidelines apply. In this article, our team at Tetra Consultants will bring you...

Digital currencies are becoming increasingly prevalent and undeniable within the financial landscape or our world. Alongside the increase in global adoption rates of cryptocurrencies, Canada has been relatively successful in its regulation of the digital asset. In Canada, cryptocurrencies are not considered legal tender. Only fiat currencies issued by the...

Deciding on which countries to expand your business can be a complex and difficult decision.  Perhaps some of you are considering whether you should register company in Canada.  To help you make a better decision, in this article, Tetra Consultants will offer key insights about the different types of companies...