~ , • BR•ITI SH COLUMBIA IN THE MATTER OF THE FINANCIAL INSTITUTIONS ACT R.S.B.C. 1996, C. 141
-AND-CASHSENDER FINANCIAL SERVICES INC. UNDERTAKINGS [FIA s. 208] WHEREAS the Cashsender Financial Services Inc. ("Cashsender") is a British Columbia corporation which is a money service business duly registered with the Financial Transactions and Reports Analysis Centre of Canada;
AND WHEREAS its director is Henry Morton Tenby ("Director"); AND WHEREAS Cashsender has used customer agreements and marketing materials which may have mislead the public into thinking it conducted or was authorized to conduct trust or deposit business;
AND WHEREAS Cash sender has fully cooperated with the Financial Institutions Commission and it appears to the Superintendent of Financial Institutions ("Superintendent") that it is the intention of Cashsender and its Director that they conduct Cashsender's operations in compliance with the Financial Institutions Act ("Acf,;
THEREFORE Cashsender and its Director provide the following undertakings under section 208 of the Act:
1. That, by May 30, 2011, Cashsender will revise its marketing materials and customer documentation in a manner acceptable to the Superintendent for the purposes of the Act; and
Superintendent 01 FInancial I nstltullons 1200 - 13450 102'" Avenue Surrey. Be V3T 5X3 Telephone: 604-953-5300 Facsimile: 604-953-5301
http://www.fic.gov.bc.ca
2 2. That the Director of Cashsender will ensure that Cashsender complies with the Undertakings provided by Cash sender herein.
Undertakings provided by: Cashsend Finane Services Inc, By its authorized signatory, Henry Morton Tenby, President and CEO
Received this ~ day of Mc:: v 2011 atVM1w~11-f ( c ~arOIY(/1R0g~e5 Superintendent of Financial Institutions Province of British Columbia
Receive1J5::;e Superintendent on this at
/ , • British Columbia d'-
ayof ~. ,2011 Surrey , BritiShCUmbia