May 14, 2026 Retail payments We supervise payment service providers under the Retail Payment Activities Act. We make sure providers meet risk management requirements and keep your funds safe. Payment service providers are required to register with the Bank and to comply with requirements for operational risk management and safeguarding end-user funds.
May 14, 2026 Consumer-driven banking Under the Consumer-Driven Banking Act, we are responsible for supervising the participation of financial institutions, credit unions, payment service providers, Fintechs and third-party service providers.
May 14, 2026 Stablecoins Under the Stablecoin Act, we will regulate non-financial institutions that issue stablecoins to Canadians.
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.
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.
May 13, 2026 Addition of One Government Securities Distributor for Government of Canada Securities The Bank of Canada, on behalf of the Government of Canada, announces the addition of one new Government Securities Distributor (GSD) for Government of Canada marketable bonds and treasury bills. Content Type(s): Press, Market notices