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… Payments Canada has responded to the Bank of Canada’s public … (PSPs) to consider the risk management standards set by the systems they participate in when creating their … in November 2024, and the announced plan to change the Canadian Payments Act will enable Payments Canada to safely …

… $70.7 trillion and supports the broader functioning of the Canadian financial system. For those of you new to this … in November 2022.   The increased functionality provided by the ISO 20022 message standard will allow for more data … in Canada’s payment systems is an important objective of Payments Canada’s Modernization program as this will lead to …

… Policy Analyst Gillian Monckton is a Policy Analyst at Payments Canada on the Policy and Government Relations team, … payment infrastructure is integral to the movement of Canadian funds in a safe, sound and efficient way. The … bank Every authorized foreign bank Every cooperative credit association, loan company or trust company that is …

… organization and industry OTTAWA, June 15, 2016 – The Canadian Payments Association (CPA), the country’s financial market …

… Central Manitoba), Central 1 settles billions of dollars in Canadian wires every month. Underpinning this activity is … System .  With the launch of Lynx, Canada’s new high-value payments system, on the horizon we caught up with Steve … prepared for the changes in the risk models brought on by  Payments Canada’s Modernization program , and being put …

… Today, Payments Canada announced the successful implementation of … payment system. Lynx is an electronic wire system used by participating financial institutions to safely send wire payments on behalf of their customers in Canadian dollars. Designated by the Bank of Canada as a …

… Changes to the Canadian Payments Act will benefit Canadians. Payments Canada … that meet regulatory and legislative requirements. By supporting these critical legislative changes, the … and regulators, Payments Canada will advance by-law amendments required to operationalize changes to the CP …

… Read Payments Canada’s response to FINA’s 2024 pre-budget … consultation. The response focuses on amending the Canadian Payments Act (CP Act) as part of the Government of … entities would need to meet regulatory requirements set by the Parliament of Canada in legislation and oversight …