Changing Information Related to a Money-Services Business Licence
If you need to make changes to information previously provided for a money-services business (MSB) licence, you have to complete form SM-25-V, Money-Services Business: Application to Change Licence Information.
See the table below for MSB licence information that can be changed and instructions for making the changes.
|Changes that can be made||Instructions|
|Add a person associated with the MSB|
|Appoint a new respondent||
|Change an address||
|Change an MSB respondent's information||
|Change information concerning a person associated with the MSB||
|Change information provided on form SM-3-V||
|Remove a person associated with the MSB||
|Withdraw an MSB's licence to operate||
The MSB is required to notify us of any change to the information it provided. The table below gives the deadlines for notifying us.
|Type of change||Deadline|
|Previously provided information (other than the MSB's list of employees whose duties are unrelated to the offer of money services)||15 days after the end of the month in which the change occurred|
|List of the MSB's employees who work in Québec and whose duties are unrelated to the offer of money services||March 31 of the year following the year in which the change(s) occurred|
|Cessation of the MSB's activities||15 days before the date on which the MSB expects to cease activities|
Send form SM-25-V and any required documents to the following address:
C. P. 25900, succursale Terminus
Québec (Québec) G1A 0B9
We will review the requested changes on receipt of form SM-25-V and all required documents.
If your form is incomplete or a document is missing, we will send you a letter about the missing information or documents.
When we have all the required information and documents, we will make the requested changes.