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… and participation policies. The 2022 budget continued the financial sector law enforcement policy themes that emerged … innovation, the government announced it would launch a financial sector legislative review focused on the digitization of money and maintaining financial sector stability and security. Financial sector …
… includes specific measures relevant to Payments Canada, our financial institution members and key stakeholders. These … digital landscape by strengthening and modernizing Canada’s financial sector. To read the full Budget, visit budget.gc.ca Financial sector highlights: Financial Market Infrastructure …
… Finance's consultation on Strengthening Competition in the Financial Sector . Payments Canada has responded to the … government could take to strengthen competition in Canada’s financial sector . This consultation seeks ideas on how to … of Finance’s commitment to strengthen competition in the financial sector and encourage ongoing collaboration between …
… Payments Canada has joined the Financial Data Exchange Canada (FDX Canada) , a non-profit organization focused on bringing financial ecosystem members together to drive progress on … in July 2020. As an FDX member, Payments Canada joins other financial industry organizations, including CIBC, Intuit …
… Financial institutions With modern payment systems, financial institutions can provide faster, data-rich and … processing of payments and new features and services at financial institutions across Canada. Real-time settlement …
… eligibility to credit unions, payment service providers and financial market infrastructures. To gain membership, these … — not outside — the regulatory system. This will encourage financial stability and protect consumers. There is … (regulated under the Retail Payment Activities Act ); and Financial market infrastructure entities (designated under …
… the appointment of Kristina Logue in the role of Chief Financial Officer (CFO). In this position, Ms Logue will lead the financial, procurement and business planning functions of the organization and will continue to provide financial oversight for Payments Canada’s Modernization …
… Also known as the negotiating financial institution. The financial institution that, on behalf of its customer, … presents an item for payment to the drawee. It is the financial institution that receives an item on deposit. … …
… includes banks, credit union centrals and very select other financial institution types, including securities dealers. … to a family member abroad or a bill payment. In order for financial institutions to use Payments Canada’s systems, … the necessary steps. With support from leaders across the financial industry , Payments Canada is asking the …
Financial Institutions File (FIF)
… Financial Institutions File (FIF) …