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… and initial approval by Payments Canada to become a new direct clearer on Payments Canada's retail batch system, the … amendment removed the 0.5 per cent volume requirement for direct participation in the retail payment system. In addition Payments Canada also amended ACSS Rule D1 - Direct Clearer/Group Clearer Requirements. The amendments to …

… Company (PTC), part of Peoples Group, has been granted Direct Clearer status in the Automated Clearing Settlement … follows PTC’s declaration to change their status from Indirect Clearer to Direct Clearer in July 2020, and they are … the Bank of Canada, Payments Canada and the existing Direct Clearers, for their support in helping us succeed in this …

… amended, removing the 0.5 per cent volume requirement for direct participation in the retail payments system -  the … of member financial institutions to be eligible to become direct clearers/group clearers and exchange payment items and make …

… A new rule that gives Direct Clearers access to ACSS/USBE outside of Canada went into … system , and its move to a web-based application, many Direct Clearers  expressed interest in moving elements of …

… Adequacy Requirements Guideline  In order to participate directly in the Automated Clearing Settlement System (ACSS) … Payments Canada’s by-laws and rules. An institution that directly participates in Lynx, Canada’s high-value payment … a Lynx ‘Participant’. 3 An institution that participates directly in the ACSS is referred to as a ‘direct clearer’ or …

… of Finance. Amendments are approved by the Board of Directors. Approved rule amendments 1. Accommodate Image … added to align with Rule A10.  2. Improved clarity of Indirect participation in the EDI environment (ACSS Rule E3 … the definition of "indirect participant" and direct clearers’ use of representative arrangements in the EDI …