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May 14, 2026

Financial market infrastructures

Under the authority of the Payment Clearing and Settlement Act, we conduct regulatory oversight of financial market infrastructures designated as having the potential to cause risk for the Canadian financial system as a whole, whether operated from Canada or from abroad.
May 14, 2026

Regulatory oversight

We oversee Canada’s payments and financial market infrastructures to ensure they are safe, resilient, and stable. We also support the evolution of the payments ecosystem, including new mandates for stablecoins and consumer‑driven banking.

Charles Gaa

Charles Gaa
Charles Gaa is a Senior Policy Advisor in the Canadian Economic Analysis Department.
May 14, 2026

Resources for payment service providers

Access all supervisory policies and guidelines, FAQs and other materials related to the Retail Payment Activities Act (RPAA) and the Retail Payment Activities Regulations.
May 14, 2026

Supervisory framework

Know your requirements as an applicant or as a registered payment service provider and find out how we will assess compliance under the Retail Payment Activities Act.
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