Retail Payment Activities Regulations — 19
or guarantee referred to in paragraph 20(1)(c) of the Act, including the entity’s name and the name of the regulator responsible for supervising the entity with respect to its adherence to the standards referred to in section 14 (1)(a) of these Regulations; and (d) a description of the terms of any insurance or guarantee referred to in paragraph 20(1)(c) of the Act that the payment service provider holds. Holding of end-user funds (3) For the purpose of paragraph 21(c) of the Act, the prescribed information consists of (a) a description of all of the means, among those set out in paragraphs 20(1)(a) to (c) of the Act, by which the payment service provider safeguards end-user funds and, if applicable, a description of the payment service provider’s trust arrangement with its end users; (b) a description of the payment service provider’s safeguarding-of-funds framework referred to in section 15 ; (c) a description of any instance referred to in subsection 16 (1) that was identified during the reporting year, its root cause and any measures taken to prevent similar instances from recurring; and (d) a description of any independent review that was conducted under section 17 during the reporting year, including the date on which it was conducted, its scope and the name that is set out in the record referred to in subsection 17 (2). Other information (4) For the purpose of paragraph 21(d) of the Act, the prescribed information consists of (a) in the case of a payment service provider that has a place of business in Canada, (i) information establishing the payment service provider’s ubiquity and interconnectedness, including (A) the maximum value, expressed in Canadian dollars, of end-user funds that the payment service provider held at any time during the reporting year for each of the following categories of end users: (I) all end users, and (II) end users in Canada, (B) for each month of the reporting year, (I) the average value, expressed in Canadian dollars, of the end-user funds that the payment service provider held at the end of each day for all end users, (II) the average value, expressed in Canadian dollars, of the end-user funds that the payment service provider held at the end of each day for end users in Canada, (III) the average value of the end-user funds, broken down by currency and expressed in that currency, that the payment service provider held at the end of each day for all end users, (IV) the average value of the end-user funds, broken down by currency and expressed in that currency, that the payment service provider held at the end of each day for end users in Canada, (V) the number of electronic funds transfers in relation to which the payment service provider performed a retail payment activity, (VI) the number of electronic funds transfers in relation to which the payment service provider performed a retail payment activity for end users in Canada, (VII) the number of electronic funds transfers, broken down by currency, in relation to which the payment service provider performed a retail payment activity, (VIII) the number of electronic funds transfers, broken down by currency, in relation to which the payment service provider performed a retail payment activity for end users in Canada, (IX) the total value, expressed in Canadian dollars, of all electronic funds transfers in relation to which the payment service provider performed a retail payment activity, (X) the total value, expressed in Canadian dollars, of all electronic funds transfers in relation to which the payment service provider performed a retail payment activity for end users in Canada, (XI) the total value, broken down by the currency in which the electronic funds transfers are made and expressed in that currency, of all electronic funds transfers in relation to which the payment service provider performed a retail payment activity, and (XII) the total value, broken down by the currency in which the electronic funds transfers are made and expr