Simon Grant

1 month ago | mondaq.com | Simon Grant |Matthew Flynn |Kwang Soo Lim

In order to carry on business in Canada as a payment serviceprovider (PSP) in September 2025, PSPs are required by theRetail Payment Activities Act to register with the Bank ofCanada through PSP Connect on the Bank of Canada website. We discussed this newrequirement in more detail in our Q3 2024 edition of Fintech inCanada.

1 month ago | jdsupra.com | Matthew Flynn |Simon Grant

Bank of Canada Publishes List of Payment Service Providers, Begins Contacting Non-ApplicantsIn order to carry on business in Canada as a payment service provider (PSP) in September 2025, PSPs are required by the Retail Payment Activities Act to register with the Bank of Canada through PSP Connect on the Bank of Canada website. We discussed this new requirement in more detail in our Q3 2024 edition of Fintech in Canada.

1 month ago | bennettjones.com | Simon Grant |Matthew Flynn

Bank of Canada Publishes List of Payment Service Providers, Begins Contacting Non-ApplicantsIn order to carry on business in Canada as a payment service provider (PSP) in September 2025, PSPs are required by the Retail Payment Activities Act to register with the Bank of Canada through PSP Connect on the Bank of Canada website. We discussed this new requirement in more detail in our Q3 2024 edition of Fintech in Canada.

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.