The RPAA now mandates that payment service providers (PSPs) register with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). This registration is necessary for participation in Payments Canada’s systems. The Retail Payment Activities Regulations (RPAR) outline compliance requirements, including safeguarding customer funds and maintaining operational resilience.
Hello,
I’m Amin
I’m Amin, a lawyer based in Ontario who’s passionate about Commercial Law, Technology & Privacy. Through AMN Legal, I share insights on tech regulation, commercial law, and the practical challenges lawyers face in a digital world.
Disclaimer: The content of this blog is for general information only and does not constitute legal advice.
Let’s connect
Join the fun!
Stay updated with our latest tutorials and ideas by joining our newsletter.
Leave a Reply