Discuss implementation and clarifications of the Code of Conduct for Credit and Debit Card Networks, including potential future amendments to the Code.
Monitor development of Bill C-27, Bill 64 (QC), Ontario private sector privacy legislation with respect to payments, data, privacy
Policies or Program
Exploring opportunities for the Government to leverage Moneris’ data and payment services with respect to improving delivery of government services.
Monitor development of Open Banking consultations and studies.
Monitor developments relating to Digital Services Tax.
Monitor payments system developments; government policies related to payments, e-commerce and data security; privacy legislation; Bank Act legislative and regulatory changes.
Respond to government inquiries on interchange fees and cost of acceptance.
Regulation
Discuss implementation and clarifications of the Retail Payments Activities Act with respect to Payment Service Providers
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Monitor developments of Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations with respect to money services businesses and PSPs.