Regulatory Rundown: RPAA, Open Banking, Rate Cap, AML

Navigating Canadian financial regulatory compliance has become a primary strategic priority as the 2026 launch of consumer-driven banking fundamentally reshapes the domestic landscape. In this expert-led workshop, industry leaders break down the technical and operational implications of the Retail Payments Activities Act (RPAA) and the first phase of Open Banking. The session provides a tactical guide to the new federal oversight under the Bank of Canada, highlighting that compliance is no longer just about checking boxes but about building a secure, interoperable infrastructure. For lenders, navigating Canadian financial regulatory compliance now involves managing high-stakes requirements such as safeguarding end-user funds and implementing rigorous risk management frameworks to satisfy new supervisory standards.

As the industry moves toward the Real-Time Rail implementation, the burden of navigating Canadian financial regulatory compliance has shifted toward proactive data governance. The panel explores how the reduction of the criminal interest rate to 35% APR and the new NSF fee caps are forcing a total recalibration of revenue models for alternative lenders. Successfully navigating Canadian financial regulatory compliance requires a deep dive into the modernized Anti-Money Laundering (AML) regime, which now includes expanded reporting obligations for mortgage entities and financing firms. By integrating these regulatory updates into their core product design, fintechs can transform a complex legal burden into a competitive advantage for consumer trust and market expansion.

By the end of this session, participants will have a clear roadmap for navigating Canadian financial regulatory compliance while maintaining the agility needed for innovation.

• Breakdown of the RPAA registration timelines and the shift toward Bank of Canada supervision for payment service providers.
• Strategies for aligning with the 2026 Open Banking read-access requirements and upcoming data mobility rights.
• Analysis of the impact of the 35% APR rate cap on credit product design and risk-adjusted pricing strategies.

Watch the full workshop to master the intricacies of navigating Canadian financial regulatory compliance in this era of unprecedented legal transformation.