Supervisory policies

• 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 Research 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 Research 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 Research 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 Research 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 Research 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 to comply with requirements to provide updated registration information.

  Content Type(s): Retail payments supervision materials, Supervisory policies Research Topic(s): 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 supervision materials, Supervisory policies Research Topic(s): 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 supervision materials, Supervisory policies Research Topic(s): 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
• 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 supervision materials, Supervisory policies Research Topic(s): Enforcement, Supervision