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… the payment ecosystem to establish the legal framework (rules, standards and by-laws) that provide the foundation … our members and stakeholders, we maintain a framework of rules and standards that mitigate risk and facilitate the … We also work closely with the Bank of Canada to meet their requirements for mitigating cyber threats through internal …

… A new rule that gives Direct Clearers access to ACSS/USBE outside … operations to jurisdictions outside of the country. The new Rule C1 - Cross Border Arrangements limits ACSS/USBE … the ACSS/USBE application, but Rule C1 largely mirrors the requirements, evaluation criteria and application process …

… market infrastructure entities that meet the appropriate requirements will encourage greater competition and … Broader access will support the introduction of new participants in Canada's payment system, and provide greater … are effectively managed within Payments Canada's rules. At the same time, amendments to the CP Act are needed …

… membership, these entities would need to meet regulatory requirements set by Parliament in legislation, and oversight … legislative changes, can ensure that payment market participants have an equal opportunity to compete in today's … the Consumer Financial Protection Bureau (CFPB) to issue rules to facilitate consumers’ ability to transfer their …

… — the multi-year initiative to transform the systems and rules essential to Canada’s payments ecosystem. Due to the scope of the program and the number of participants involved, Payments Canada sought to team with a … far-reaching plans to change the infrastructure and rules that underpin financial transactions in Canada. These …

… to ensure their compliance with operational and financial requirements.  Key considerations in implementing RPOF RPOF … Canada’s payments systems, the Large Value Transfer System (LVTS) and the Automated Clearing Settlement System (ACSS). … for the physical infrastructure and the associated bylaws, rules, and standards that support these systems. It also has …

… inform the capabilities of the RTR and the policies and rules that will govern RTR participants. Key themes identified in consultation responses included: Agreement that broader participant access to the RTR beyond federally regulated …

… payments system. Payments Canada is modernizing its rules, standards and systems to support the evolving needs and expectations of its participant financial institutions, businesses, consumers … infrastructure, including associated systems, by-laws, rules and standards. The value of payments cleared and …