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… far-reaching plans to improve the infrastructure and rules that underpin financial transactions in Canada. One … to define the best outcome. This can include feedback on requirements, proof-of-concept, alternative design solutions … infrastructure, including associated systems, bylaws, rules and standards. The value of payments cleared and …

… release of Lynx to replace the Large Value Transfer System (LVTS), which served as Canada’s high-value payment system … the technical requirements that are set out in the Lynx Rules; and be a member of SWIFT. There are some institutions … involved. There are also new APIs, which provide Lynx participants with the ability to integrate directly with the …

… of Lynx?  With Central 1 being one of the 16 go-live Lynx participants*, my job — with the help of my team — is to … are compliant with Payments Canada and Bank of Canada requirements. What is Central 1 doing to help its members … that meet certain requirements as outlined in the CPA rules and by-laws, including maintaining a settlement …

… market infrastructure entities that meet the appropriate requirements. Expanded Payments Canada membership will … infrastructure, including associated systems, by-laws, rules and standards, which underpin the Canadian financial … Canada’s national payments systems - the technology and rules that support the exchange of hundreds of billions of …

… to support the evolving needs and expectations of its participant financial institutions, businesses, consumers … on the status of payments. Activity-based oversight - Rules and regulations should focus on services provided, … system should foster competition and define objective requirements for access – without compromising safety and …

… far-reaching plans to improve payments infrastructure and rules Ottawa, ON (December 8, 2016) - Payments Canada today … industry and users of payment systems. To meet regulatory requirements and ensure safety and soundness, all … new real-time payments capability that will allow industry participants to innovate, resulting in new and modern ways …

… market infrastructures that meet regulatory and legislative requirements, the Government of Canada will foster … is required to access Payments Canada’s infrastructure as a participant. Proposed changes to the Canadian Payments Act … requirements set out in Payments Canada’s by-laws, rules and standards. Contributed quotes “As new technology …

… National payments infrastructure and rule changes set to deliver fast, flexible and secure ways … Following months of collaborative industry effort to define requirements and map future plans, Payments Canada has … and will be a platform for future innovation, where participants in the payment system can connect and develop …

… counterparts to ensure Payments Canada’s policies and rules remain relevant and meet the needs of Canadians. I’m … fully come into force in September 2025. Requiring that any participants in our systems are regulated entities is an … Payments Canada is diligently reviewing our by-laws and rules in order to assess what consequential changes are …