In today’s business environment, compliance is critical. It not only helps you avoid costly fines and penalties but also helps protect your reputation and build trust with your clients. That’s why partnering with a trusted compliance expert like Counselize is crucial

At Counselize, we understand the complexities of regulatory compliance and can help you navigate the ever-changing landscape of rules and regulations. We provide comprehensive compliance solutions for a variety of industries, including:

• Banking-as-a-Service
• FINTRAC MSB – Canada
• FinCEN MSB – US
• Money Transmitter License – US

Banking-as-a-Service (BaaS)

BaaS is a game-changer in the world of finance, enabling businesses to provide banking services to their customers without the need for a banking license. However, with this great innovation comes the need for BaaS providers to ensure they are fully compliant with all regulatory requirements.

Our BaaS compliance services cover all aspects of BaaS, including anti-money laundering and counter-terrorism financing, data privacy and security, and customer due diligence. We stay up to date with the latest regulatory changes and ensure that our clients are always ahead of the curve.

FINTRAC MSB – Canada 

Our team of compliance experts is dedicated to ensuring that your business meets all of the requirements of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). We understand the complexities of FINTRAC regulations and can help you navigate the ever-changing landscape of compliance.

We offer various FINTRAC compliance services to meet the needs of your business. We can help you with everything from risk assessments to training and everything in between. Our comprehensive approach to compliance ensures that your business fully complies with FINTRAC regulations.

FinCEN MSB – US

We specialize in FinCEN compliance for money services businesses (MSBs) and can help you fully comply with all relevant regulations. Our team stays up to date with the latest regulatory changes and can help you navigate the complexities of FinCEN compliance, from registration to ongoing reporting and compliance monitoring.

With our FinCEN compliance services, you can rest assured that your business fully complies with all anti-money laundering (AML) and anti-terrorism financing (ATF) requirements. We work closely with you to understand your business and provide tailored solutions that meet your unique needs and budget.

Our comprehensive FinCEN compliance services include risk assessments, policies and procedures development, training, internal controls, independent reviews, and ongoing compliance monitoring. We provide the necessary tools and expertise to help you mitigate risk and maintain a robust compliance program.

Money Transmitter License – US

Operating a Money Transmitter business can be lucrative, but it requires careful compliance with state regulations. That’s where we come in. At Counselize, we specialize in helping businesses obtain the necessary licenses to operate legally and successfully.

Our team of experienced advisors understands the nuances of state regulations and can guide you through the licensing process. We’ll help you navigate the complexities of state-level regulations to ensure your business fully complies with all requirements.

Obtaining a state-level Money Transmitter license can be a complex and time-consuming process, but with Counselize, you don’t have to worry. We’ll handle everything from preparing the application to liaising with regulatory agencies on your behalf. We’re committed to making the process as smooth and stress-free as possible for our clients.