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 materials, Supervisory policies Subject(s): Retail payments, Registration, Reporting
October 16, 2024 Reporting changes to registration information This supervisory policy explains how the Bank of Canada expects registered payment service providers to comply with requirements to provide updated registration information. Content Type(s): Retail payments materials, Supervisory policies Subject(s): Retail payments, Registration, Reporting
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. Content Type(s): Retail payments materials, Supervisory policies Subject(s): Retail payments, Registration
October 2, 2024 Criteria for registering payment service providers This supervisory policy helps individuals and entities determine if they are subject to the Retail Payment Activities Act and if they should register with the Bank. Content Type(s): Retail payments materials, Supervisory policies Subject(s): Retail payments, Registration
August 21, 2024 Acquisitions of control and prescribed changes This supervisory policy explains how a registered payment service provider (PSP) should assess whether it will be the subject of a planned acquisition of control or a prescribed change. Content Type(s): Retail payments materials, Supervisory policies Subject(s): Retail payments, Registration
June 17, 2024 Significant adverse impact This supervisory policy provides an overview of what the Bank of Canada will consider when determining whether a “significant adverse impact” is occurring or has occurred. Content Type(s): Retail payments materials, Supervisory policies Subject(s): Retail payments, Enforcement, Supervision
June 17, 2024 Roles and Responsibilities of the Executive Director and Managing Director This supervisory policy outlines the roles of the Executive Director of Payments, Supervision and Oversight and the Managing Director of Supervision. It also describes their responsibilities related to the Bank of Canada’s retail payments supervision mandate. Content Type(s): Retail payments materials, Supervisory policies Subject(s): Retail payments, Enforcement, Registration, Supervision
June 17, 2024 Issuing public notice of decisions This supervisory policy provides details on the Bank of Canada’s issuing of public notice for certain retail payments supervision and prescribed review decisions. Content Type(s): Retail payments materials, Supervisory policies Subject(s): Retail payments, Enforcement, Registration
June 17, 2024 Enforcement tools This supervisory policy lists the enforcement tools the Bank could use if enforcement action is needed against individuals, entities and payment service providers. Content Type(s): Retail payments materials, Supervisory policies Subject(s): Retail payments, Enforcement, Registration
April 17, 2024 Prescribed supervisory information This supervisory policy provides an explanation of the prescribed supervisory information provisions and sets out the Bank of Canada’s expectations for payments service providers’ compliance with non-disclosure requirements related to prescribed supervisory information under subsection 64(1) of the Retail Payment Activities Act and sections 37 to 38 of the Retail Payment Activities Regulations. Content Type(s): Retail payments materials, Supervisory policies Subject(s): Retail payments, Supervision