A Primer on the Regulation Respecting the Application of the Consumer Protection Act — Getting Ahead of Anticipated Consequences to FRFIs

Presented as part of The Canadian Institute’s 14^th Annual Forum on Payments Compliance & Innovation in Canada, Christopher Richter will be speaking to:

• updated requirements for credit card issuers — change in notice provisions and documentation requirements when issuing new credit
• floating vs. fixed rate high-cost credit cutoffs — consequences of inter-provincial differences when delineating high credit regimes
• due diligence when issuing credit — meaningfully assessing whether a potential customer meets Quebec’s repayment threshold