Bank of Canada Warns PSPs Enforcement Coming

Payments Regulation | May 1, 2025 Bank of Canada Warns PSPs to Register Now or Face Enforcement On April 30, 2025, the Bank of Canada (BoC) shared a new update on how it will enforce the Retail Payment Activities Act (RPAA). Payment service providers, known as PSPs, had until November 15, 2024 to register.  Those

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