The Retail Payment Activities Act establishes operational risk management and safeguarding expectations for payment service providers operating in Canada. Organizations that perform retail payment activities may be required to register with the Bank of Canada and demonstrate controls related to cybersecurity, operational resilience, incident response, and third-party risk management.
The resources below explain key RPAA compliance topics including operational risk frameworks, cybersecurity expectations, vendor oversight, incident response planning, and independent security reviews for payment platforms.
Incident response expectations under Canada's Retail Payment Activities Act (RPAA) and the Retail Payment Activities Regulations. Practical guidance for payment service providers on incident detection, response, reporting, and operational resilience.
Mar 13, 2026Vendor oversight, operational risk management, and incident response coordination for payment service providers under Canada's Retail Payment Activities Act.
Mar 10, 2026Cybersecurity and operational risk expectations for payment service providers under Canada's Retail Payment Activities Act (RPAA), including independent review requirements.
Mar 9, 2026Understanding the independent review requirement under Canada's Retail Payment Activities Act (RPAA) and how Payment Service Providers validate their operational risk frameworks.
Mar 9, 2026A technical guide to operational risk and incident response frameworks required under Canada's Retail Payment Activities Act (RPAA).
Mar 9, 2026