Progress
Current status
under deliberation
03 Nov 2026under deliberation
Scope
Implementers
Canada
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
Combatting Financial Crimes and Drug Trafficking Act (S-8) including registration requirements for money services businesses was introduced to Senate
On 3 November 2026, the Government introduced to the Senate Bill S-8, the Combatting Financial Crimes and Drug Trafficking Act, which would amend the registration regime for money services businesses under the Proceeds of Crime (Money Laundering) an…
- Bill S-8, An Act respecting certain measures relating to proceeds of crime, terrorist financing, sanctions evasion and the detection of non-mailable matter transmitted by post (first reading), Parliament of Canada (Official)