Banking and Financial Services Banking and Financial Services

Further steps taken towards financial title regulation

The titles used by financial professionals are some times confusing for investors and consumers.

Osler virtual fireside chat: In conversation with Rania Llewellyn, President and CEO, Laurentian Bank (Webinar)

Rania Llewellyn speaks to Osler about what it is like to be the first female President and CEO of a major Canadian chartered bank.

Exchangeable share structures – an overview

Exchangeable share structures have been a fixture in structuring cross-border share exchange mergers and acquisitions involving Canadian corporations...

Ontario Capital Markets Modernization Taskforce: Road to implementation?

Ontario’s Capital Markets Modernization Taskforce (the Taskforce) received a show of confidence from the Ontario government through the release...

Three week countdown for Canadian digital asset trading platforms to start getting registered under securities laws

On March 29, 2021, the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) jointly...

Bank error in your favour – The $900 million wire transfer mistake: Practical implications in the Canadian lending context

In August 2020 an unprecedented black swan event occurred when Citibank N.A. (Citibank), acting as an administrative agent in a loan facility,...

FSRA streamlines fair treatment of customers approach for insurance industry

Governments and financial regulators appear to be continuing their efforts to reduce overlapping, duplicative regulatory requirements on those they...

Impact on Canadian companies: U.S. Anti-Money Laundering Reform Establishes beneficial ownership registry and strengthens subpoenas

In the waning days of 2020, many Canadians watched the political events unfolding in the United States, including  Congress’s first and...

Federal Court of Appeal decides that Visa services to CIBC are exempt financial services, not administrative services for GST/HST purposes

On January 22, 2021 the Federal Court of Appeal released its reasons in Canadian Imperial Bank of Commerce v. The Queen, 2021 FCA 10, overturning the...