From Registration to Regulation: The Coming RPAA Crackdown in Canada

21.08.25

From Registration to Regulation: The Coming RPAA Crackdown in Canada

Registration is only the beginning. The Retail Payment Activities Act (RPAA) will transform how Canadian PSPs operate, shifting from simple registration to continuous, evidence-based regulation. Those unprepared risk severe penalties, business disruption, and loss of trust.

Flat vector illustration on RPAA compliance for Canadian payment service providers. The image shows a split diagonal design: on the left, a bright fintech dashboard with governance, risk, and safeguarding icons; on the right, a dark regulatory layer highlighting penalties, operational resilience, and user protection. Corporate design uses AML Incubator brand colors with dark navy background, white/gray compliance elements, and orange-gold highlights to emphasize RPAA registration, Bank of Canada oversight, and continuous regulatory supervision.