Cornerstone FS secures MSB license in Canada ...Middle East

Cornerstone FS plc (LON:CSFS), a foreign exchange and payments solutions company, today announced that it is now authorised to operate in Canada through the receipt of a Money Services Business (MSB) licence from the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). The gaining of the MSB licence, which has been granted to a wholly owned Canada-registered subsidiary of the company, allows the Group to operate a payments company in Canada and provide payments services to Canadian businesses and individuals. The Group intends to develop a full-service office in Canada, which will allow it to provide customers with the high-touch service-led approach that is core to the

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