B.C. Money Services Regulation Stalled
This is a Canada news story, published by vancouversun, that relates primarily to Money Services Business Act news.
Canada news
For more Canada news, you can click here:
more Canada newsbanking & finance news
For more banking & finance news, you can click here:
more banking & finance newsvancouversun news
For more news from vancouversun, you can click here:
more news from vancouversunAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like banking & finance news, you might also like this article about
new Money Services Business Act. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest money services business news, money services businesses news, banking & finance news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
money service businessesvancouversun
•Business
Business & Economics
New B.C. law to combat money laundering still not in force two years after being introduced

68% Informative
Money services businesses include currency exchanges and businesses that send money outside of Canada .
There are more than 700 in B.C. , most of them in Metro Vancouver .
A new Money Services Business Act was introduced on March 29, 2023 and later passed.
The details of those regulations are still to be worked out, and no deadline has been set.
VR Score
75
Informative language
77
Neutral language
44
Article tone
semi-formal
Language
English
Language complexity
67
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1