Event Details
TCAE is once again excited to invite Elizabeth Sale, Partner at Osler, Hoskin & Harcourt LLP as our guest speaker to give us a deep dive into the Retail Payment Activities Act (RPAA).
On February 11, 2023, the Department of Finance published draft regulations under the RPAA. These draft Regulations propose significant and prescriptive requirements intended to apply to all payment service providers (PSPs), regardless of the overall size and complexity of the PSP.
The Bank of Canada estimates 2,500 PSPs in Canada will become subject to this new regime, of which approximately 96.4% will be considered small businesses with approximate revenues of less than $5 million.
In this TCAE Knowledge Series session, Elizabeth will walk us through 2 of the main requirements in depth:
- Risk Management Framework
- Ongoing Reporting Obligations
This session is hosted and moderated by our founder and CEO, Souzan Esmaili.
Do you have any questions for our speaker, send them to info@tcae.ca
