No. It's responsible for regulating anti-money laundering and anti-terrorist financing, so it will kind of stick to its knitting, so to speak.
The Bank of Canada will be given the responsibility to oversee payment service providers, but payment service providers would be subject to both regimes, and should a payment service provider have violated the PCMLTFA, FINTRAC would provide that information to the Bank of Canada. The bank would have more complete information on the conduct of a particular service provider, and that would be included in its consideration or determination as to whether or not it could include a payment service provider on the registry.