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ARTICLE · 21 SEPTEMBER 2012

Banking & Financial Services Law - September 2012

Osler, Hoskin & Harcourt LLP
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On September 18th, 2012, the federal government announced the proposed expansion of the Code of Conduct for the Credit and Debit Card Industry in Canada (the "Code") to apply to credit and debit network participants that provide point-of-sale payment services through mobile devices.

CanadaFinance and Banking
Victoria Graham
Victoria Graham
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On September 18th, 2012, the federal government announced the proposed expansion of the Code of Conduct for the Credit and Debit Card Industry in Canada (the "Code") to apply to credit and debit network participants that provide point-of-sale payment services through mobile devices. The government undertook to amend the Code, which currently does not expressly address mobile payments transactions, following the release of the final report of the Task Force for the Payments System Review (released in March 2012).

A copy the Consultation Paper and proposed Addendum to the Code, together with Backgrounder issued by the Department of Finance can be accessed through the following links:

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