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ARTICLE · 16 APRIL 2025

Financial Services Update: OSFI Guidelines And Payments Canada Consultation

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February updates to financial services regulation have emphasized economic readiness and fintech innovation.

CanadaFinance and Banking
Koker Christensen
Koker Christensen
Tara Newman
Tara Newman
Isabelle Savoie
Isabelle Savoie
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February updates to financial services regulation have emphasized economic readiness and fintech innovation.

The Office of the Superintendent of Financial Institutions (OSFI) issued its quarterly release of regulatory changes on February 20, 2025, covering a review of bank capital requirements and releasing its rules for federally regulated financial institutions (FRFIs) to manage their exposure to crypto-assets. Earlier this month, OSFI paused increases to banks' capital levels.

Payments Canada launched a consultation earlier this month, related to expanding membership for its payment systems to include fintechs, paytechs and other regulated payment service providers.

Anticipatory Strategy: Supporting Financial Stability Ahead of Possible Tariffs

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