Adjustment Notice – 2017

Pursuant to section 8 of the Regulation respecting fees and tariffs payable under the Money-Services Businesses ActThis link will open in a new window, E-12.000001, r. 2, made under the Money-Services Businesses ActThis link will open in a new window, E-12.000001 (the “MSBA"), annual and other fees payable will be adjusted as of January 1, 2017 in accordance with the rate of increase of the general consumer price index (CPI) for Canada for the period ending on September 30, 2016, namely, 1,3%.

List of annual and other fees payable

Sec.

Par.

Description

2017

Division I: Fees payable

1

1-5

Fees payable by a money-services business for a licence application filed with the Autorité des marchés financiers

 

 

 

  • currency exchange

$640

 

 

  • funds transfer

$640

 

 

  • the issue or redemption of traveller's cheques, money orders or bank drafts

$640

 

  • cheque cashing

$640

 

 

  • the operation of each automated teller machine
 

$213

2

 

A licence application for each person covered by the security clearance report issued under section 8 of the Money-Services Businesses Act

$119

Division II: Tariffs payable

4

 

Charges payable with respect to the issue of a new security clearance report for each person or entity referred to in section 27 of the Act

$119

5

1

Costs payable with respect to the preparation of an inspection, the inspection itself and the follow-up on the recommendations, per hour per inspector

$92

6

 

Costs incurred in connection with an investigation pursuant to section 56 of the Act, per hour per investigator

$92