The Retail Payment Activities Act: a step towards regulating payment service providers
By EsqSocial Corporation 18/05/21
On April 30, 2021, the federal government introduced An Act Respecting Retail Payment Activities (short title, Retail Payment Activities Act) (the “RPAA”). The much-anticipated RPAA comes in response to a consultation paper published by the Department of Finance in 2017, for a “New Retail Payments Oversight Framework” (the “2017 Consultation Paper”)....
By: Dentons