Posts
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October 2, 2024
Case scenarios about providers of services backed by cryptocurrencies
These fictional case scenarios provide more details about the following payment functions performed in relation to cryptocurrencies: provision or maintenance of an account; holding of funds on behalf of an end user; initiation of an electronic funds transfer at the request of an end user; authorization of an electronic funds transfer or the transmission, reception or facilitation of an instruction in relation to an electronic funds transfer. -
October 2, 2024
Case scenarios about lending
The following fictional case scenarios provide examples of payment functions that are, and are not, incidental to a consumer lending business. -
October 2, 2024
Case scenarios about holding funds
The following fictional case scenarios provide examples to help providers identify whether they perform the payment function of holding funds. -
October 2, 2024
Case scenarios about cloud computing
The following fictional case scenarios provide more detail about performing the following payment functions: initiation of an electronic funds transfer (EFT) and the authorization of an EFT or the reception, transmission, reception or facilitation of an instruction in relation to an EFT. -
October 2, 2024
Case scenarios about card program managers
The following fictional case scenarios provide examples of incidental activities under the Retail Payment Activities Act, especially in the context of card program managers. -
October 2, 2024
Case scenarios about acquirers
The following fictional case scenarios provide more details about the performance of payment functions under the Retail Payment Activities Act by providers of acquiring services, including in respect of the holding funds payment function. -
October 2, 2024
Amendments to registration applications
This supervisory policy explains how applicants should proceed when making changes to the information they provided as part of their application to become a registered payment service provider. -
October 1, 2024
The Bank of Canada Museum launches a new free educational resource “You Are the Economy”
The Bank of Canada Museum is excited to introduce “You Are the Economy,” a comprehensive suite of six free lesson plans on economic and financial literacy for Grade 7–12 students across Canada. -