Quote:
Originally Posted by signupdamnit
Thanks. I think that was it. From looking at it though it seems all it covers is reporting suspicious transactions. So is there no Canadian regulatory body which provides for policies and minimum standards that Paxum must adhere to? I know in the US and I believe in the Canadian banking system [in regards to real banking institutions] there are usually clearly defined regulations and procedures for how these situations are handled. I know you are not technically a bank but are you truly free from such regulations? It seems to me that those regulations would help protect your customers.
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Please take a closer look at this page. It is in relation to the Compliance Regime required by FINTRAC
http://www.fintrac-canafe.gc.ca/publ...ide4/4-eng.asp
Thanks
