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… government: to make amendments to the Canadian Payments Act part of Budget 2023 to expand Payments Canada’s … Under the RPAA, PSPs will be required to register with the Bank of Canada and comply with operational risk management … financial market infrastructures that are designated by the Bank of Canada to be eligible for Payments Canada membership …

… input on regulations that will support the Retail Payment Activities Act (RPAA) , which were published on February 10, … PSPs will also be required to register with the Bank of Canada to operate under the RPAA. The release of the … payment systems. Bringing PSPs under the regulation of the Bank of Canada will support their ability to be granted …