Financial market analysts consider the banking system in Canada to be one of the most robust and rapidly growing. Canada has successfully overcome all the turbulences associated with the international crisis and today its economy is the only one that meets all the basic requirements in terms of, for example, securities markets, taxation, levels of corruption and innovative technologies.
The Canadian government has set reasonable requirements for companies that want to do business in the financial sector, which is very positive. An MSB (Money Services Businesses) licence is required to operate in the financial sector of this country.
ADVANTAGES OF OBTAINING A LICENCE IN CANADA
- Registering a payment system in Canada provides many opportunities for conducting a successful international business.
- The speed and transparency of obtaining a licence.
