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… By-laws, rules, standards and procedure documents are integral parts of the legal framework of … settled via our payment systems. This includes requirements for participation in a payment system or scheme, procedures … and timeframes for returning payment items, where eligible. Payments Canada’s rules, standards and procedure …
… Payments Canada has released its latest discussion paper, Insights from the LVTS overnight loan market: Implications for Lynx collateral . With the move from LVTS to Lynx, the collateral requirements for participants changed materially. In order to assess the …
… is to enhance the framework of rules and by-laws to ensure they remain relevant, reflect current market practices, … is requesting feedback on policy proposals that will inform the drafting of the by-law for Canada’s new high-value payments system, Lynx. Payments …
… Author Lisa Sattler Director of Policy and Government Relations With 20 years of … have received Royal Assent, the final step required for a bill to become law. The changes were included in the … Act , also known as Bill C-59 , and will come into force on a day/days to be set by the Governor in Council. …
… cheque imaging world, duplicate payment items (duplicates) are risky business. As explained in Part 1 of this series, … is essential to maximizing the benefits of cheque imaging for Canadians. In Part 2 we shared lessons learned from the … KYC policies and practices help ensure that only eligible items are entered into the clearing system. For …
… and the Automated Clearing Settlement System is amended, removing the 0.5 per cent volume requirement for direct participation in the retail payments system - … for a wider range of member financial institutions to be eligible to become direct clearers/group clearers and …
… Proposed legislative amendments will support safe innovation for the benefit of Canadians. Payments Canada has submitted the following response to the Government of Canada’s pre-budget … focused on building a resilient economy that works for everyone. Our submission calls for the government to …
… Payments modernization is more than a Payments Canada and Financial Institution … etc. to make sure we get it right. We are building a platform for innovation – a system that can be leveraged and … one-day pass to The SUMMIT. Workshop participants are also eligible for a 30% discount for the entire event. You can …
… The Fall Economic Statement presents an opportunity to modernize the Canadian Payments … payment industry continue to demonstrate unified support for amendments to the Canadian Payments Act to expand … quotes “As new technology and services continue to transform the way payments are made and processed, amending and …
… in Canada. The Government of Canada published the final Retail Payment Activities Act (RPAA) Regulations on November … the government, the Bank of Canada and their stakeholders for the effort and collaboration in developing this regulatory …