Compliance Services in Ontario for Financial Businesses
Ontario holds the largest concentration of financial businesses in Canada, and the closest scrutiny. We help payment providers, money services businesses, and fintechs across the province meet their obligations with confidence rather than guesswork.
Serving the Ontario Financial Services Sector
Ontario is where most of Canada’s financial services activity actually happens. Toronto alone concentrates more payment businesses, money services businesses, and fintech firms than any other market in the country, and the competition that comes with that density raises the bar for everyone operating here. We work with businesses across the province, from established money services businesses to newly funded payment startups.
Your obligations under Canadian anti money laundering law are federal, set by the PCMLTFA and supervised by FINTRAC, so they do not change because you are based in Ottawa rather than Toronto. What does change is the environment around you, the pace of the market, the expectations of your banking partners, and the scrutiny of Canada’s largest financial centre.
Compliance Support Across Ontario
We handle FINTRAC registration, anti money laundering program development, independent effectiveness reviews, transaction monitoring, sanctions screening, staff training, and outsourced compliance officer support for businesses operating anywhere across the province of Ontario.
PSP Registration
End-to-end PSP registration support under Canada's Retail Payment Activities Act framework.
MSB Licensing
Complete MSB licensing and FINTRAC registration for money services businesses nationwide.
Banking
Deliver secure banking compliance solutions supporting regulatory excellence and operational efficiency.
AML Compliance
Build robust AML frameworks ensuring regulatory compliance and effective financial crime prevention.
Regulatory Consulting
Receive strategic regulatory advice supporting sustainable growth and complete compliance confidence.
Transaction Monitoring
Ongoing transaction monitoring and screening to detect and report suspicious activity.
Why Ontario Businesses Choose Us
We combine genuine Canadian regulatory knowledge with practical delivery, so you get advice that reflects how FINTRAC actually supervises, and support that fits the way your business really operates day to day.
Canadian Regulatory Knowledge
We work in the Canadian regime every day, so our advice reflects FINTRAC expectations rather than borrowed thinking from elsewhere.
Built For Growth
We build compliance that scales with you, so a program that suits you now still works at much higher volumes.
Practical Not Theoretical
We give you documents and controls your team can actually run, not theory that looks impressive and quietly goes unused.
Support That Continues
We stay with you after the build, so questions get answered and obligations keep being met as things change.
Businesses We Support in Ontario
We support payment service providers, money services businesses, currency dealers, crypto businesses, lenders, and many of the other financial businesses that genuinely operate right across the whole of Ontario under Canadian regulation.
Banks operate under some of Canada’s closest supervision, prudentially through OSFI and for financial crime through FINTRAC. We help banks and federally regulated institutions strengthen compliance, governance, and controls, and meet the evolving supervisory expectations that come with holding a banking licence.
Federally regulated financial institutions carry broad obligations across governance, risk, and anti money laundering. We help them build frameworks that hold up under genuine examination, strengthen internal controls, and demonstrate to regulators that compliance is genuinely embedded rather than merely documented on paper.
Credit unions serve their members while carrying real anti money laundering and reporting obligations under Canadian law. We help them build proportionate compliance programs, run risk assessments, and meet FINTRAC requirements without losing the community focus that sets them apart.
Money services businesses face some of the closest scrutiny of any reporting entity. We handle FINTRAC registration, program development, and independent reviews, so currency dealers, transfer businesses, and other MSBs meet their obligations properly and keep their registration in good standing.
Foreign money services businesses serving Canadian customers must register with FINTRAC and meet the same obligations as domestic ones. We help overseas operators register correctly, build compliant programs, and navigate Canadian requirements from wherever they happen to be based around the world.
Foreign exchange businesses handling currency conversion are reporting entities with clear anti money laundering duties under Canadian law. We build the registration, monitoring, and reporting frameworks these businesses need, so currency dealing meets FINTRAC expectations without slowing down legitimate customer activity.
Remittance businesses move money across borders, which puts transaction monitoring and reporting at the centre of their obligations. We build practical compliance programs that catch what matters, satisfy FINTRAC, and keep transfers flowing without unnecessary friction for genuine customers.
Payment service providers now sit under Bank of Canada oversight through the Retail Payment Activities Act, alongside their FINTRAC duties. We help PSPs register, build operational and risk frameworks, and meet both sets of obligations as this newer regime continues to take shape.
Payment processors handle volume that makes strong controls essential and regulatory attention likely. We help them meet registration and reporting obligations, build transaction monitoring that scales, and manage the operational risk that comes with sitting in the middle of large payment flows.
Digital wallet providers hold and move value in ways that trigger real compliance obligations under Canadian rules. We help them map exactly which requirements apply, build the monitoring and reporting they need, and manage risk across a fast changing and closely watched product area.
Corporate firms often carry compliance obligations they never expected, particularly once they handle payments, currency, or cross border activity. We assess exactly what applies, then build programs that meet the requirements without overwhelming teams that have a business to run.
Listed firms carry governance, disclosure, and financial crime obligations alongside heightened public and regulatory scrutiny. We help them strengthen governance frameworks, assess and manage risk across the enterprise, and demonstrate the oversight and accountability that markets and regulators genuinely expect from a public company.
Fintech companies move fast, and compliance obligations often arrive sooner than founders expect. We help them work out exactly which requirements apply, build proportionate programs that scale with growth, and satisfy FINTRAC and other regulators without slowing the product down unnecessarily.
Businesses issuing electronic money or stored value carry obligations tied to the payment and transfer activity they perform, even without a standalone licence in Canada. We map exactly which requirements apply and build governance and monitoring that reflect sound practice and regulatory expectations.
Virtual asset service providers are regulated as money services businesses in Canada, with full FINTRAC registration and reporting duties. We help crypto exchanges and wallet providers register, monitor transactions, and build the controls this fast moving and closely watched sector genuinely demands.
What Our Clients Say
Canadian financial firms trust ABM Global Compliance to navigate complex regulation with clarity and care. From MSB licensing to ongoing AML support, our clients value our responsiveness, expertise, and genuine commitment to their long-term compliance success.
Let's Talk About Your Compliance Needs
Schedule a Free Consultation
Whether you’re starting a new MSB or need ongoing AML support, our team responds within one business day.
Ontario Compliance Questions
Clear answers to the questions Ontario businesses ask most about meeting their Canadian compliance obligations properly and confidently right across the province.
Are compliance rules different in Ontario?
No. Anti money laundering obligations are federal under the PCMLTFA and supervised by FINTRAC, so they apply the same across every province.
Do you work outside Toronto?
Yes. We support businesses right across Ontario, including Ottawa, Mississauga, Hamilton, Waterloo, and everywhere else in the province.
Which businesses do you help?
Payment service providers, money services businesses, currency dealers, crypto businesses, lenders, and other financial businesses with Canadian obligations.
Can you help before we launch?
Yes. Early support is often cheapest, letting you register correctly and build your program before volumes and scrutiny arrive.
Do you support foreign owned businesses?
Yes. Many foreign businesses serve Ontario customers and carry Canadian obligations. We help them meet those wherever they are based.