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… systems comply with the Bank of Canada's Risk-Management Standards for Designated Financial Market Infrastructures …

… infrastructure and the associated by-laws, rules, and standards that support these systems. It also has a duty to …

… the things that Open Banking in the UK is developing is a standard for sweeping. This would allow consumers to set a … and an account overlay means we've delivered a set of standards and rules to allow interoperability, but the … quite exciting. I think that there's a space for a payment standard to be written so that QR codes can be used more …

… as Canada's payments ecosystem modernizes using ISO standards. The modernization effort currently underway will again foster innovation based on global standards, increasing interoperability, speed and … types originating in Canada based on interoperability standards can't be commercialized in other markets. So why …

… And this will include complying with risk management standards that are set for us and established for us by the … day one, we've designed the RTR with those risk management standards in mind. Cyrielle Chiron: Yeah. So just a tiny …

… so on. Fundamentally, the thing is that it has to work. The standard for Central Banks is much higher than fintech … behave that way. A new system would have to meet all the standards for resiliency, security outlined in the … that have to be had in terms of what you mentioned standards, or even legal aspects. For interoperability of …

… that system? Anne Butler: So competitors can build to those standards, they understand the rules of the game, and that … and I think that's the other part of the international standards and the way that regulators approach it in Canada … and interoperable. And things like using common messaging standards like ISO 20022, and common rules frameworks at the …