{"id":20847,"date":"2025-09-16T08:56:32","date_gmt":"2025-09-16T12:56:32","guid":{"rendered":"https:\/\/margill.com\/?p=20847"},"modified":"2025-10-16T08:57:11","modified_gmt":"2025-10-16T12:57:11","slug":"bank-of-canada-now-supervises-the-activities-of-payment-services-providers","status":"publish","type":"post","link":"https:\/\/margill.com\/en\/bank-of-canada-now-supervises-the-activities-of-payment-services-providers\/","title":{"rendered":"Bank of Canada now supervises the activities of payment services providers"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Norton Rose Fulbright\u2019s web site just published an interesting article about the entry into force of several provisions of the Retail Payment Activities Act (RPAA) and the mandate given to the Bank of Canada to supervise payment services providers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As of September 8th, PSPs must comply with RPAA obligations regarding operational risk management and safeguarding end-user funds, as well as reporting and recordkeeping requirements. The entry into force of this new legislative framework could have significant impacts on PSPs\u2019 business in Canada.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To read the complete article,<a href=\"https:\/\/www.nortonrosefulbright.com\/en-ca\/knowledge\/publications\/289e5e81\/bank-of-canada-now-supervises-the-activities-of-payment-services-providers\" target=\"_blank\" rel=\"noreferrer noopener\"> follow this link<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Norton Rose Fulbright\u2019s web site just published an interesting article about the entry into force of several provisions of the Retail Payment Activities Act (RPAA) and the mandate given to the Bank of Canada to supervise payment services providers. As of September 8th, PSPs must comply with RPAA obligations regarding operational risk management and safeguarding [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","footnotes":""},"categories":[421],"tags":[],"class_list":["post-20847","post","type-post","status-publish","format-standard","hentry","category-margill-and-industry-new"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>Bank of Canada now supervises the activities of payment services providers - Margill<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/margill.com\/en\/bank-of-canada-now-supervises-the-activities-of-payment-services-providers\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Bank of Canada now supervises the activities of payment services providers - Margill\" \/>\r\n<meta property=\"og:description\" content=\"Norton Rose Fulbright\u2019s web site just published an interesting article about the entry into force of several provisions of the Retail Payment Activities Act (RPAA) and the mandate given to the Bank of Canada to supervise payment services providers. As of September 8th, PSPs must comply with RPAA obligations regarding operational risk management and safeguarding [&hellip;]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/margill.com\/en\/bank-of-canada-now-supervises-the-activities-of-payment-services-providers\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Margill\" \/>\r\n<meta property=\"article:published_time\" content=\"2025-09-16T12:56:32+00:00\" \/>\r\n<meta property=\"article:modified_time\" content=\"2025-10-16T12:57:11+00:00\" \/>\r\n<meta name=\"author\" content=\"Kim Ouellette\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kim Ouellette\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/margill.com\/en\/bank-of-canada-now-supervises-the-activities-of-payment-services-providers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/margill.com\/en\/bank-of-canada-now-supervises-the-activities-of-payment-services-providers\/\"},\"author\":{\"name\":\"Kim Ouellette\",\"@id\":\"https:\/\/margill.com\/en\/#\/schema\/person\/fb5fb76af498fd0e71cd304825c2c777\"},\"headline\":\"Bank of Canada now supervises the activities of payment services providers\",\"datePublished\":\"2025-09-16T12:56:32+00:00\",\"dateModified\":\"2025-10-16T12:57:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/margill.com\/en\/bank-of-canada-now-supervises-the-activities-of-payment-services-providers\/\"},\"wordCount\":102,\"articleSection\":[\"Margill and Industry New\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/margill.com\/en\/bank-of-canada-now-supervises-the-activities-of-payment-services-providers\/\",\"url\":\"https:\/\/margill.com\/en\/bank-of-canada-now-supervises-the-activities-of-payment-services-providers\/\",\"name\":\"Bank of Canada now supervises the activities of payment services providers - Margill\",\"isPartOf\":{\"@id\":\"https:\/\/margill.com\/en\/#website\"},\"datePublished\":\"2025-09-16T12:56:32+00:00\",\"dateModified\":\"2025-10-16T12:57:11+00:00\",\"author\":{\"@id\":\"https:\/\/margill.com\/en\/#\/schema\/person\/fb5fb76af498fd0e71cd304825c2c777\"},\"breadcrumb\":{\"@id\":\"https:\/\/margill.com\/en\/bank-of-canada-now-supervises-the-activities-of-payment-services-providers\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/margill.com\/en\/bank-of-canada-now-supervises-the-activities-of-payment-services-providers\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/margill.com\/en\/bank-of-canada-now-supervises-the-activities-of-payment-services-providers\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/margill.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bank of Canada now supervises the activities of payment services providers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/margill.com\/en\/#website\",\"url\":\"https:\/\/margill.com\/en\/\",\"name\":\"Margill\",\"description\":\"Loan Servicing Solutions \/ Interest Calculators\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/margill.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/margill.com\/en\/#\/schema\/person\/fb5fb76af498fd0e71cd304825c2c777\",\"name\":\"Kim Ouellette\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bank of Canada now supervises the activities of payment services providers - Margill","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/margill.com\/en\/bank-of-canada-now-supervises-the-activities-of-payment-services-providers\/","og_locale":"en_US","og_type":"article","og_title":"Bank of Canada now supervises the activities of payment services providers - Margill","og_description":"Norton Rose Fulbright\u2019s web site just published an interesting article about the entry into force of several provisions of the Retail Payment Activities Act (RPAA) and the mandate given to the Bank of Canada to supervise payment services providers. 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