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The Canadian Federal Budget and Financial Institutions

The recently published federal budget (titled “Canada’s Economic Action Plan 2013”) included high level guidance regarding the Government’s priorities for the regulation of financial institutions, services and markets. The...more

4/10/2013 - Canada CMHC FCAC Federal Budget Mortgages OSFI

Code of Conduct for Credit and Debit Card Industry – Guidance Issued by FCAC Commissioner

On February 13, 2013, the Financial Consumer Agency of Canada (FCAC) issued Commissioner’s Guidance (the Guidance) to clarify three issues related to the Code of Conduct for the Credit and Debit Card Industry in Canada (the...more

2/18/2013 - Code of Conduct Credit Cards Debit and Credit Card Transactions Debit Cards FCAC ISOs PCNOs

FCAC Commissioner Issues Guidance Relating to Code of Conduct

On February 13, 2013, the Financial Consumer Agency of Canada (FCAC) issued Commissioner’s Guidance (the Guidance) to clarify three issues related to the Code of Conduct for the Credit and Debit Card Industry in Canada (the...more

2/15/2013 - Code of Conduct Credit Cards Debit Cards FCAC ISOs Multiple Contract Cancellations Multiple Service Provider Agreements PCNOs Penalties

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