Overview

Benefits of Membership

Becoming a member of the MSB Association offers numerous advantages that can help your Money Service Business thrive in a competitive environment. Here are some key benefits:

Regulatory Compliance Support

1. Expert guidance from Ex- FCA and Ex- HMRC staff

2. Support in preparing for regulatory visits, including guidance on documentation

3. Regulatory updates

4. Workshops and Seminars from industry experts

Risk Management Assistance

1. Training Programmes to know best practices to safeguard your business

2. Information and access to tools that will help you to mitigate risks

Banking Relationship Advocacy

1. Support for Sudden Account Closures by providing strategies to minimise the disruptions

2. Addressing fund delays by providing proper channel and effectively communicating with the banks

3. Referral to trusted banking partners who can offer reliable and sustainable bank accounts

4. Experience and solutions sharing with the members facing similar banking challenges

Technological Support

1. Get insights on the latest technology and innovation

2. Consultation on getting access to right tools

3. Benefits from partnerships with technology providers

Advocacy and Representation

1. Get a voice by actively engaging with the regulators and policymakers