Fintech in Canada Q3 2024
Written By Matthew Flynn, Simon Grant, Kim Lawton, Cheryl Woodin, Robert Staley and Doug Fenton
November 7, 2024
The Canadian regulatory landscape continues to evolve with significant updates from the Canadian Securities Administrators and the Bank of Canada. Our Q3 2024 update provides a deep dive into crucial regulatory developments affecting the industry, identifying key guidance to help navigate these intricate regulatory changes seamlessly. We also comment on some notable themes our Fintech group encountered at this year’s Money2020.
Key topics include:
- stablecoin regulation and deadline extension for crypto-trading platforms to delist stablecoins;
- enhanced due diligence and transparency requirements for crypto platforms;
- payment service provider (PSPs) registration for continued operation and compliance; and
- guidance for PSPs on understanding registration requirements.
Bennett Jones