August 21, 2024 Case scenarios about payroll services The following fictional case scenarios provide examples of incidental activities under the Retail Payment Activities Act. Content Type(s): Retail payments supervision materials, Case scenarios Research Topic(s): Holding funds, Registration Subject(s): Retail payments supervision, Holding funds, Registration
August 21, 2024 Case scenarios about e-commerce web building tools and payment gateways The following fictional case scenarios provide examples of payment functions, namely the initiation of an electronic funds transfer (EFT) at the request of an end user, and the authorization of an EFT or the transmission, reception or facilitation of an instruction in relation to the EFT. They also provide examples of incidental activities under the Retail Payment Activities Act. Content Type(s): Retail payments supervision materials, Case scenarios Research Topic(s): Registration Subject(s): Retail payments supervision, 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 supervision materials, Supervisory policies Research Topic(s): Registration Subject(s): Retail payments supervision, Registration
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 supervision materials, Supervisory policies Research Topic(s): Enforcement, Registration, Supervision Subject(s): Retail payments supervision, 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 supervision materials, Supervisory policies Research Topic(s): Enforcement, Registration Subject(s): Retail payments supervision, 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 supervision materials, Supervisory policies Research Topic(s): Enforcement, Registration Subject(s): Retail payments supervision, Enforcement, Registration
December 12, 2023 Case scenarios about point-of-sale terminals The following fictional case scenarios provide details about the payment functions: initiation of an electronic funds transfer at the request of an end user; the authorization of an electronic funds transfer; and the transmission, reception or facilitation of an instruction in relation to an electronic funds transfer. Content Type(s): Retail payments supervision materials, Case scenarios Research Topic(s): Registration Subject(s): Retail payments supervision, Registration
December 12, 2023 Case scenarios about payment accounting software and invoice payment services The following fictional case scenarios provide details about the payment functions: provision or maintenance of an account on behalf of an end user; the initiation of an electronic funds transfer at the request of an end user; the provision of clearing and settlement services; as well as examples of incidental activities under the Retail Payment Activities Act. Content Type(s): Retail payments supervision materials, Case scenarios Research Topic(s): Registration Subject(s): Retail payments supervision, Registration
December 12, 2023 Case scenarios about merchants and the incidental payment function The following fictional case scenarios offer examples of providing or maintaining an account payment function as well as examples of incidental activities under the Retail Payment Activities Act. Content Type(s): Retail payments supervision materials, Case scenarios Research Topic(s): Registration Subject(s): Retail payments supervision, Registration
December 12, 2023 Case scenarios about merchant or group of merchants instrument exclusion The following fictional case scenarios illustrate the types of activities exempted under paragraph 6(a) of the Retail Payment Activities Act. Content Type(s): Retail payments supervision materials, Case scenarios Research Topic(s): Registration Subject(s): Retail payments supervision, Registration