Event: Expanding to Canada: A Regulatory Roundtable for UK Financial Services
Lagom Consulting and AML Consultancy Inc. are hosting a private breakfast discussion at the High Commission of Canada on what FINTRAC and the Bank of Canada expect from UK firms.
Practical information
Cost: £30
Seats: Limited; registrations are reviewed and confirmed by email
Entry: Bring photo ID matching your registration name
Arrival: Coffee from 09:00; we’ll begin promptly at 09:20
Venue: High Commission of Canada, Canada House, Pall Mall E, London SW1Y 5BJ
Canada is an attractive next market for UK payment and financial services firms. But its regulatory model is not a copy of the UK’s, and the obligations can apply before you ever open an office there.
This roundtable brings together a small group of UK firms to hear directly from Sean Parker, a leading voice on Canadian financial services compliance from AML Consultancy Inc, on how the Canadian regime works in practice and to put their own questions on the table.
What we’ll cover
Canadian obligations for UK firms — the requirements for firms opening a presence in Canada, and for those sending transactions into Canada from abroad.
The FINTRAC process — registering with Canada’s anti-money laundering regulator and what a credible compliance programme looks like.
The Bank of Canada process — registration and ongoing supervision for payment service providers.
Open discussion — your expansion plans, timelines and questions, in a closed-door setting.
Who it’s for
Senior leaders at UK payment institutions, e-money firms, money remitters, FX and cross-border payments providers, and fintechs that are planning or actively considering expansion to Canada.
Why Lagom
Lagom Consulting supports UK financial services firms from authorisation through to ongoing compliance, with dedicated Payment Services & Electronic Money and Financial Crime practices. We host this roundtable to help firms plan international growth on solid regulatory ground.