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Canadian Federal Financial Regulators Issue Joint Statement on Crypto Assets

Canada - November 17 2022 On November 16, 2022, the Office of the Superintendent of Financial Institutions (OSFI), the Financial Consumer Agency of Canada (FCAC) and the…

Ana Badour, Jacob A. Robinson, Lori Stein

Federal Government Signals Additional Focus on Lowering Credit Card Fees in Fall Economic Statement 2022

Canada - November 9 2022 In its Fall Economic Statement, the federal government announced that it intends to enter negotiations with payment processers and businesses to…

Ana Badour, Christopher Yam

Federal Government Signals Additional Focus on Lowering Credit Card Fees in Fall Economic Statement 2022

Canada, USA - November 7 2022 The federal announced in its fall economic statement Building an Economy That Works for Everyone (“the Fall Economic Statement”) that it intended to…

Ana Badour, Christopher Yam

Payments Canada Amends Pre-Authorized Debit Agreement Requirements in Canada

Canada - October 19 2022 The current framework for processing pre-authorized debit agreements (“PADs”) is through Payments Canada’s ACSS Rule H1 (Pre-Authorized Debits)…

Ana Badour, Daanish Pasricha, Shauvik Shah

Payments Canada Amends Pre-Authorized Debit Agreement Requirements in Canada

Canada - October 19 2022 The current framework for processing pre-authorized debit agreements (“PADs”) is through Payments Canada’s ACSS Rule H1 (Pre-Authorized Debits)…

Ana Badour, Daanish Pasricha, Shauvik Shah