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… OTTAWA, May 2, 2016 - (The Bank of Canada announced today) … and Research at CPA. “Many of the elements required for compliance with the standard will be addressed as part … 2015, the Bank of Canada released a consultation paper on Proposed Criteria and Risk-Management Standards for …
… Read Payments Canada's submission to the Department of … Canada’s payment industry actively called for and welcomed proposed amendments to the Canadian Payments Act as well as … industry stakeholders and policymakers to ensure regulatory frameworks are adaptive and can accommodate the evolving …
… In Part 1 of this series, we discussed the importance of … risk effectively while maximizing the benefits of imaging for Canadians. One key concern for the U.S. is improving … examine recourse elements of the current Canadian legal framework. Considering the U.S. experience, will this …
… By Anne Butler, Vice-President, Policy, Research, Legal and … that’s where the federal government’s new retail oversight framework comes in. At Payments Canada, we began our … safety, security and consumer protection. With its proposed Retail Oversight Framework, the Department of …
… A critical step towards broadening access to Canada’s … 10, 2023, by the Department of Finance. Input on the proposed regulations are due March 28, 2023. The Retail … the Retail Payment Activities Act (RPAA), a new legislative framework to regulate retail payment activities in Canada. …
… The 2023 federal budget, Budget 2023 A Made-in-Canada Plan: Strong Middle Class, Affordable Economy, Healthy Future , sets out the Government … in our shared objective of a modern payment regulatory framework that benefits Canadian businesses and consumers. …
… Published: December 17, 2018 The Vision for the Canadian Payments Ecosystem identified eight needs of a modern …
… Payment items through the Automated Clearing Settlement … ACSS reporting system. The direct clearers are responsible for entering the volumes and values of payment items into … exchanged in an Automated Funds Transfers File, such as pre-authorized debits. … POS debits and credits: Debits or …
… In February 2023, the Department of Finance released the highly … introducing the Retail Payments Activities Act (RPAA) Framework, and how will the Department of Finance’s RPAA … very important in shaping our advice to Finance on their proposed regulations. We established RPAC in 2020 to get …
… As Canada gears up for a future that includes a new real-time … of the Canada’s New Real-Time Payments System Policy Framework consultation paper . This paper includes policy …