Articles

  • Dec 10, 2024 | jdsupra.com | Simon Grant |Frances Wu

    This post is a follow-up toour earlier blog, Upcoming Retail Payment Activities Act Regulation—Updates from the Bank of Canada, where we summarized the four-step test under the Retail Payment Activities Act (RPAA) to determine whether your business qualifies as a payment service provider (PSP) requiring registration with the Bank of Canada (the Bank).

  • Nov 7, 2024 | jdsupra.com | Doug Fenton |Matthew Flynn |Simon Grant

    CSA Extends Deadline to Delist Stablecoins The Canadian Securities Administrators (CSA) has once again extended the deadline for registered crypto-trading platforms to address trading in value referenced crypto assets (VRCAs). VRCAs, better known as "stablecoins", are crypto assets designed to maintain a stable or pegged value relative to a specified fiat currency or other asset.

  • Nov 7, 2024 | bennettjones.com | Matthew Flynn |Simon Grant |Kim Lawton |Cheryl Woodin

    CSA Extends Deadline to Delist Stablecoins The Canadian Securities Administrators (CSA) has once again extended the deadline for registered crypto-trading platforms to address trading in value referenced crypto assets (VRCAs). VRCAs, better known as "stablecoins", are crypto assets designed to maintain a stable or pegged value relative to a specified fiat currency or other asset.

  • Aug 29, 2024 | bennettjones.com | Curtis Cusinato |Kristopher Hanc |Bronwynn Shaw |Yohanna Laurensia |Matthew Flynn |Suzie Suliman | +9 more

    Shift4, the leader in integrated payments and commerce technology, has signed a definitive arrangement agreement to acquire Givex Corp., a global provider of gift cards, loyalty programs and point-of-sale solutions in an all-cash going private transaction valued at C$200 million. Bennett Jones acted as legal counsel to Shift4.

  • Jul 18, 2024 | jdsupra.com | Matthew Flynn |Simon Grant |Kwang Soo Lim

    Canada's Consumer-Driven Banking Act (CDBA) has become law. It was enacted on June 20, 2024, when Bill C-69, the Budget Implementation Act, 2024 received royal assent.

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