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Consumers and businesses benefit from innovation in the payment system when the right precautions are in place. Our supervisory framework will complement work led by Payments Canada to modernize Canada’s core payment systems.

Find regulatory news by keyword, source, subject or publication date.

We supervise payment service providers under the Retail Payment Activities Act. We make sure providers meet risk management requirements and keep your funds safe. Payment service providers are required to register with the Bank and to comply with requirements for operational risk management and safeguarding end-user funds.

Under the Consumer-Driven Banking Act, we are responsible for supervising the participation of financial institutions, credit unions, payment service providers, Fintechs and third-party service providers.

Under the Stablecoin Act, we will regulate non-financial institutions that issue stablecoins to Canadians.

Under the authority of the Payment Clearing and Settlement Act, we conduct regulatory oversight of financial market infrastructures designated as having the potential to cause risk for the Canadian financial system as a whole, whether operated from Canada or from abroad.

We oversee Canada’s payments and financial market infrastructures to ensure they are safe, resilient, and stable. We also support the evolution of the payments ecosystem, including new mandates for stablecoins and consumer‑driven banking.

Access all supervisory policies and guidelines, FAQs and other materials related to the Retail Payment Activities Act (RPAA) and the Retail Payment Activities Regulations.

Know your requirements as an applicant or as a registered payment service provider and find out how we will assess compliance under the Retail Payment Activities Act.