Search results
… of tiered relationships in payment systems and other financial market infrastructures. More specifically, the … adequately defined under Principle 19 of the Principles for Financial Market Infrastructures (PFMI). Not having a … expose payments clearing and settlement organizations to risks and could compromise objectives related to improving …
… of waiting for its customer to send a payment, a company or financial institution is given permission to debit a … by a business or closely affiliated businesses at different financial institutions (FIs). For example, a parent company … by an individual to transfer funds from an account at one financial institution to an account at another financial …
… New credit risk model enhances safety and soundness of retail payments … OTTAWA, March 12, 2018 - Payments Canada, the country’s financial market infrastructure for payments, is … “With the continued support and investment of Canadian financial institutions, this is one of many improvements on …
… OTTAWA, June 11, 2018 – Payments Canada, the country’s financial market infrastructure for payments, today … Peter Dodic joins its Executive Leadership Team as Chief Risk Officer. Previously, Mr. Dodic held the position of Managing Director, Operational Risk Management at BMO Financial Group. He is a seasoned risk professional with …
… Financial institutions With modern payment systems, financial institutions can provide faster, data-rich and … instead of waiting for deferred settlement times, reducing risks involved with providing provisional credit A seamless …
… Alex O’Donnell is interim Vice President, Risk Management. His responsibilities include continuous … within the Enterprise, Operational Resilience and Financial Market Risk, as well as the Regulatory Oversight division. Alex is …
… The Financial institutions file (FIF) is an electronic directory … and branches. For occasional reference, please refer to the Financial institutions branch directory . Subscription Participant financial institutions can subscribe to the FIF directly …
… strengthen our competitive position as a global leader in financial services. The Modernization Delivery Roadmap … Corporate Plan. … Learn about the substantial human and financial resource investments that have made us a dynamic … Payments Canada’s approach to cyber security: manage risk and foster preparedness and resilience within our …
… governance review, the CPA has expressed support for the risk-based oversight framework developed by government and … paper.1 Role of the CPA The CPA underpins the Canadian financial system and economy by providing safe, efficient … with clear objectives and desired outcomes will enable financial institutions, payment service providers and other …
… that Canadians have come to expect within our national financial system. Implement changes to the CP Act to … service providers, credit union locals, and operators of financial market infrastructures designated by the Bank of … Consumer Agency of Canada. Protecting Canadians from the risks of crypto-assets: The government acknowledges the need …