MSB meaning in Stock Exchange ?

Answer: What is Money Service Business mean?

A money services business (MSB) is a legal term used by financial regulators to describe businesses that transmit or convert money. The definition was created to encompass more than just banks which normally provide these services to include non-bank financial institutions.

An MSB has specific meanings in different jurisdictions, but generally includes any business that transmits money or representatives of money, provides foreign currency exchange such as Bureaux de change, or cashes cheques or other money related instruments. It is often used in the context of Anti Money Laundering (AML) legislation and rules. Money services businesses are governed by their local regulators and have to adhere with record-keeping requirements to conduct customer due diligence if customers request for an amount of foreign currency that exceeds a certain threshold set to detect money laundering.

An MSB often provides an essential financial service to underdeveloped regions with limited or no banking services and may be a small organisation with outlets like grocery stores, drugstores, pharmacies or convenience stores. It may include regional networks of post offices, banks or agents.

reference

Full Form	Category
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Michigan State Broadcasting	Academic & Science
Museum of Southwestern Biology	Academic & Science
Medical Sciences Building	Academic & Science
McDonough School of Business	Academic & Science
Multi-Service Building	Academic & Science
Molecular Systems Biology	Academic & Science
Mechanical Sciences Block	Academic & Science
Master of Science in Bacteriology	Academic & Science
St Martin	Airport Code
Merchants State Bank	Banking
Muhammad Shoaib Bilal	Business
Mesabi Trust	Business
Mesoblast Ltd	Business
Minnesota School of Business	Business
Money Services Business	Business
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Master of Science in Business	Business
Maquoketa State Bank	Business
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Montessori School of Beaverton	Community
Missouri School of the Blind	Community
Maryland School for the Blind	Community
MS School for the Blind	Community
Mississippi School for the Blind	Community
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Microsoft Security Bulletin	Computing
Media Stream Broadcast	Computing
Midsize Business	Computing
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Mate Slack Builds	Computing
Microsoft Store for Business	Computing
Micro Services Bus	Computing
Microsoft Search in Bing	Computing
Microsoft Band	Computing
Microsoft Surface Book	Computing
Mouse Select Buffer	Computing
Misbloc	Cryptocurrency
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Motor Sport Brakes	General
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Murbah Swamp Beer	General
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Multi Service Buildings	General
Marshfield Student Broadcasting	General
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Modularer Standard Baukasten	General
Money Sex and Boozing	General
Marikina Street B	General
Market Strategy Board	General
Mission Support Battalion	General
Mohamed Salah Bchir	General
Mat Su Borough	General
Matanuska Susitna Borough	General
Motorized Seat Belt	General
Modularen Standardbaukasten	General
Mopar Small Block	General
Maritime Subsidy Board	Governmental
Municipal Services Bureau	Governmental
Marginal Social Benefit	Governmental
Mauritius Standards Bureau	Governmental
Municipal Stability Board	Governmental
CHENNAI BEACH	Indian Railway Station
Most Significant Bit	Information Technology
Movimiento Socialista de Baleares	International
Media Stream Board	Internet
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Medical Services Board	Medical
Military Superannuation and Benefits	Military and Defence
Main Support Battalion	Military and Defence
Military Spouse Bloggers	Military and Defence
Marigot, Netherlands Antilles	Regional
Mind, Spirit, and Body	Sports
Money Service Business	Stock Exchange