( August 26, 2026, 19:52 GMT | Official Statement) — MLex Summary: Canada’s privacy commissioner’s office released its comments to Finance Canada in support of the government’s proposed Consumer-Driven Banking Regulations. In a statement, the office said the proposed regulations would help ensure the protection of consumers’ privacy is protected. Those elements include allowing consumers to securely direct where their data is going; requiring participating organizations to report data breaches to the Bank of Canada; and the use of multi-factor authentication when responding to requests to share data.Statement follows in full. Also see attached file. …
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