Structured Finance and Securitization Communiqué

Scenic Toronto financial district skyline and modern architecture

May 3, 2023

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British Columbia’s provincial bill regulating money service businesses

P. Jason Kroft, Ahmad Adam, Margaret Shodeinde

Money service businesses (“MSBs”) will now have greater oversight by the British Columbia Financial Services Authority (“BCFSA”). On March 29, 2023, British Columbia put forward Bill 19 – 2023 Money Services Businesses Act (“Bill 19”) which aims to regulate MSBs...


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