Finance committee  I have no comment on that.

Finance committee  Thank you. Like my colleagues, I'm going to provide a quick overview of the proposed amendments. I would then be glad to answer any questions you have. The Payment Clearing and Settlement Act gives the Bank of Canada responsibility for the oversight of payment and other clearin

Finance committee  We define it in the legislation. Let me just walk you through it. The bank reviews significant changes for unintended consequences on the risk management practices of clearing and settlement systems to ensure that risk continues to be controlled. Presently, the PCSA—the Payment