Adjustment Notice – 2018

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, 2018 in accordance with the rate of increase of the general consumer price index (CPI) for Canada for the period ending on September 30, 2017, namely, 1,6%.

List of annual and other fees payable

Division I: Fees payable

Section

Description

2018

sec. 1 par. 1

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

  • currency exchange

$650

sec. 1 par. 2

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

  • funds transfer

$650

sec. 1 par. 3

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

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

$650

sec. 1 par. 4

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

  • cheque cashing

$650

sec. 1 par. 5

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

  • the operation of each automated teller machine

$216

sec. 2

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

$121

Division II: Tariffs payable

Section

Description

2018

sec. 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

$121

sec. 5 par. 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

$93

sec. 6

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

$93