I can tell you that with respect to the code, there are several things we do, ranging from promoting compliance with the code to enforcing any penalties for non-compliance with the code. In between those two bookends is our role in reviewing all the policies and procedures that are to cascade throughout the network to ensure they're compliant with the obligations. We also require mandatory reporting. For example, we receive all complaints that merchants have made to participants within the network. Those complaints can trigger conversations with payment card network operators to understand their materiality and severity, and they can also trigger an investigation on the part of FCAC.
On November 25th, 2024. See this statement in context.