Retail payments supervision materials

• December 12, 2024

  Safeguarding end-user funds

  This supervisory guideline is intended to help payment service providers subject to the Retail Payment Activities Act meet their obligations related to safeguarding end-user funds.

  Content Type(s): Retail payments supervision materials, Supervisory guidelines Topic(s): Supervision
• October 31, 2024

  How to complete a registration application: A step-by-step guide

  This supervisory policy aims to help applicants gather the information and documents they need to complete the application form during the initial 15-day registration phase.

  Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Registration
• October 31, 2024

  Registration application fee

  This supervisory policy explains the one-time fee applicants must pay when submitting an application to register as a payment service provider with the Bank.

  Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Registration
• October 16, 2024

  Entering into a compliance agreement with the Bank of Canada

  This supervisory policy addresses why the Bank of Canada may offer a compliance agreement to a payment service provider (PSP), the process for entering into a compliance agreement with the Bank of Canada, and what PSPs should expect if they enter into this type of agreement.

  Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Enforcement
• October 16, 2024

  Annual reporting of retail payment activity metrics

  This supervisory policy outlines the retail payment activity metrics that payment service providers must report as part of the annual reporting form.

  Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Reporting, Supervision
• October 16, 2024

  Annual reporting

  This supervisory policy provides an overview of annual reporting requirements and clarifies how the Bank of Canada expects payment service providers to comply with those requirements.

  Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Reporting, Supervision
• October 16, 2024

  Reporting of retail payment activity metrics at registration

  This supervisory policy outlines the retail payment activity metrics that payment service providers must report at registration.

  Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Registration, Reporting
• October 16, 2024

  Reporting changes to registration information

  This supervisory policy explains how the Bank of Canada expects registered payment service providers (PSPs) to comply with requirements to provide updated registration information.

  Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Registration, Reporting
• October 16, 2024

  Notice of significant change or new activity

  This supervisory guideline explains the significant change and new activity notice requirements applicable to payment service providers subject to the Retail Payment Activities Act and provides clarity on how the Bank expects payment service providers to comply with them.

  Content Type(s): Retail payments supervision materials, Supervisory guidelines Topic(s): Reporting, Supervision
• October 16, 2024

  Incident notification

  This supervisory guideline explains the incident reporting requirements applicable to payment service providers subject to the Retail Payment Activities Act and provides clarity on how the Bank expects payment service providers to comply with them.

  Content Type(s): Retail payments supervision materials, Supervisory guidelines Topic(s): Reporting, Supervision