Retail Payment Activities Act
Statute
Canada
· 2021
The Retail Payment Activities Act is Canada's federal law bringing payment service providers under supervision by the Bank of Canada, requiring registration and operational-risk and safeguarding standards for retail payments. It is part of the modernization of Canadian payments — alongside Payments Canada's Real-Time Rail — that forms the infrastructure backdrop to the country's emerging consumer-driven banking regime.
Sectoral regime. It binds the industries below; companies outside them
generally fall outside it.
Regions
Industries
Each links to that industry as a scored cohort — so the question "how ready is this sector for the regime that governs it?" becomes one you can actually look at.