CSA – Financial Innovation Hub Introduces Collaboratory and Data Portability

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CSA – Financial Innovation Hub Introduces Collaboratory and Data Portability

Letter Summary:

The CSA is examining the implications of data portability in Canadian capital markets and is consulting industry stakeholders through a new cohort-based and forward-looking Testing Environment: the CSA Collaboratory. The first test within the CSA Collaboratory will seek to provide the CSA with a greater understanding of the impacts of data portability solutions and in particular the collection, analysis and transfer of client data, which is sometimes referred to as e-KYC solutions.

Overview of the Council’s Comments: