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Bank of Canada Releases New Guidance for PSPs

Bank of Canada Releases New Guidance for PSPs

Retail Payments | March 6, 2025 PSPs Must Protect End-User Funds, Here's What the New Rules Require The Bank of Canada has shared two new guides (see below) to help payment service providers (PSPs) prepare for supervision under the Retail Payment Activities Act (RPAA). The new materials explain the key rules PSPs must follow and


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