Payments Law in Canada – An important update for all businesses

Canada’s rapidly changing and increasingly complex payments environment sees a broad range of regulatory and commercial factors impacting the way transactions are conducted – how can businesses make sense of it all?

Our panel of legal experts bring their perspectives on what businesses need to know – and how they can flourish – in the Canadian payments ecosystem.

Our discussion addressed many of the questions and issues on the minds of industry stakeholders and provided an overview on the following topics:

• Update on the Retail Payment Activities Act and Open Banking

• AML update including the impact of the Emergencies Act

• Key issues to address in payments-related agreements from the perspective of different payment ecosystem participants

• An analysis of privacy and data security issues in the context of the payments ecosystem

• Update on crypto as a payments platform

• Emerging payments markets including i-gaming and restricted goods