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Ep. 126 - Introduction of a Retail Payments Supervision Framework in Canada

Ep. 126 - Introduction of a Retail Payments Supervision Framework in Canada

FromToronto Centre Podcasts


Ep. 126 - Introduction of a Retail Payments Supervision Framework in Canada

FromToronto Centre Podcasts

ratings:
Length:
25 minutes
Released:
Jul 26, 2023
Format:
Podcast episode

Description

Everyday in Canada, millions of people place their trust in payment service providers (PSPs) whenever they tap their card on a payment terminal or make an online purchase. In 2021, the Bank of Canada (the Bank) was tasked with building a mandate to supervise PSPs to ensure safe and efficient retail payments. This podcast discusses the challenges in building this framework, the PSPs and financial market infrastructure to which it will apply, and the timeline for implementation. In this conversation, Ron Morrow talks about how the Bank is engaging with industry and stakeholders to better understand the retail payment landscape. For information about the Bank’s next consultation and how to participate, subscribe to the Bank's retail payments supervision newsletter. Speaker: Ron Morrow, Executive Director - Supervision, Bank of CanadaHost: Anatol Monid, Senior Director, Programs, Toronto Centre. Read the transcript here. Read their biographies here.  https://www.torontocentre.org/
Released:
Jul 26, 2023
Format:
Podcast episode

Titles in the series (100)

Providing high quality capacity building programs for financial supervisors and regulators to build more stable and inclusive financial systems. Toronto Centre is an independent not-for-profit organization that promotes financial stability and access to financial services globally, particularly in emerging markets and developing countries. www.torontocentre.org What financial supervisors and regulators do every day has a ripple effect that cascades across government, NGOs, and the private sector impacting developing economies and those living in them. Toronto Centre’s podcast series will feature simulating panel sessions and interviews on timely topics such as, financial crisis, financial stability, climate change, gender equality, financial inclusion, fintech and much more.