Federal · R-7.36

Retail Payment Activities Act

Current version date March 26, 2026 · official source text · watch this law (RSS)

Consumer & BusinessFinancial Services & Insurance

Change history

Federal · AmendedDate recorded March 26, 2026

Retail Payment Activities Act updated: tighter anti-money-laundering grounds for refusing or revoking PSP registration

The Act has been amended to sharpen the anti-money-laundering criteria that allow the Bank of Canada to refuse or revoke a payment service provider's (PSP) registration. The language now refers to being found guilty o…

R-7.36Financial Services & InsuranceConsumer & Business+15 / −8 lines