Insight on Oversight: Regulating Canada’s Financial Infrastructure

Regulating canada’s financial services infrastructure requires a delicate balance between fostering rapid innovation and maintaining the world-class stability of the domestic banking sector. In this insightful session, experts from the Bank of Canada, Wealthsimple, and Blakes discuss the shifting landscape of federal oversight as Canada moves toward an open banking framework. A key insight shared by the panel is that infrastructure is no longer just about the physical movement of money; it is about the secure, real-time flow of consumer data across a digital-first ecosystem.

As the federal government accelerates the rollout of the Real-Time Rail (RTR), the task of regulating canada’s financial services infrastructure has expanded to include new payment service providers and stablecoin issuers. The speakers highlight how the Office of the Superintendent of Financial Institutions (OSFI) and the Bank of Canada are aligning their supervisory tools to address emerging risks like cyber-attacks and synthetic identity fraud. For fintech leaders and legacy bankers alike, understanding the nuances of regulating canada’s financial services infrastructure is essential for building products that are compliant by design.

By deep-diving into the 2025 budget implications, this session provides a roadmap for navigating the complexities of regulating canada’s financial services infrastructure. It offers a rare look at how policy creators and market disruptors find common ground to ensure the safety and competitiveness of the Canadian economy.

• The evolving role of the Bank of Canada in supervising consumer-driven banking and retail payments.
• Impact of the new Financial Crimes Agency on data sharing and anti-money laundering protocols.
• Strategies for aligning fintech innovation with OSFI’s safety and soundness requirements.

Watch the full video to understand the legislative changes and technical standards currently reshaping the Canadian financial landscape.