The Canadian financial landscape is evolving with new regulatory frameworks affecting retail payment service providers and public investment funds venturing into crypto assets, as seen through draft supervisory guidelines from the Bank of Canada and proposed amendments from the Canadian Securities Administrators. Additionally, the promise of forthcoming open banking legislation suggests potential transformation in financial services, presenting both challenges and opportunities for Fintech companies and consumers.
As we highlighted in our last quarterly Fintech update in 2023, a new regulatory framework under the Retail Payments Activities Act (RPAA) will soon affect all retail payment service.
Canadian Securities Administrators Seek Feedback On Funds Holding Crypto crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
This summer, the Canadian Securities Administrators (“CSA”) published CSA Staff Notice 81-336 Guidance on Crypto Asset Investment Funds that are Reporting Issuers (the “Notice”).
Canada releases guidelines for investment funds holding crypto assets kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.