Retail payments supervision

• September 18, 2025

  Speech: Chartered Professional Accountants Canada (CPA)

  

  

  Evolving Payments Ecosystem—Executive Director of Payments, Supervision and Oversight the Bank of Canada, Ron Morrow delivers a keynote speech and participates in a Fireside Chat at The ONE Conference of the Chartered Professional Accountants Canada (CPA) (15:30 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts Research Topic(s): Retail payments supervision
• September 12, 2025

  The evolution of how we pay for things

  

  New technologies new payments possibilities. Learn more about how these innovations can make purchases easier, but also introduce new risks.

  Content Type(s): Publications, The Economy, Plain and Simple Research Topic(s): Cyber security, Digital currencies and fintech, Digitalization, Financial services, Payment clearing and settlement systems, Retail payments supervision
• September 8, 2025

  Letter to Industry on Trust Tax Issue

  As of September 8, 2025, the Bank of Canada’s mandate to supervise Payment Service Providers (PSPs) under the Retail Payments Activities Act (RPAA) is in effect, including regulatory obligations related to operational risk and end-user funds safeguarding. The Bank and the Department of Finance have been made aware of possible unintended tax consequences for PSPs seeking to comply with the safeguarding requirements of the RPAA using the “in trust in a trust account” method.

  Content Type(s): Press, Announcements Research Topic(s): Retail payments supervision
• September 8, 2025

  Payment Service Providers are now under Supervision – Registry to follow

  Today the Bank of Canada’s mandate to supervise Payment Service Providers under the Retail Payment Activities Act came into effect.

  Content Type(s): Press, Announcements Research Topic(s): Retail payments supervision
• September 8, 2025

  Bank of Canada begins supervising Payment Service Providers

  Today the Bank of Canada’s mandate to supervise Payment Service Providers under the Retail Payment Activities Act came into effect.

  Content Type(s): Press, Announcements Research Topic(s): Retail payments supervision