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Results: 1-10 of 197

First draft of ISO 20022 standard for real-time payments released, raises potential privacy and security concerns
  • McCarthy Tétrault LLP
  • Canada, Global
  • August 14 2015

On August 10, 2015 the International Organization for Standardization (ISO) Real-Time Payments Group (RTPG) published for review and comment the


Canadian banking industry releases Payments Security White Paper
  • McCarthy Tétrault LLP
  • Canada
  • August 10 2015

The Canadian banking industry recently released the Payments Security White Paper, prepared by the six largest Canadian banks (BMO, CIBC, National


La probité: plus qu’un champ d’activité
  • McCarthy Tétrault LLP
  • Canada
  • August 10 2015

Dans l’affaire Champagne c. CIBC, la Cour supérieure a été saisie d’une demande d’injonction de la Syndique de la Chambre de la sécurité financière


Government of Ontario proposes additional regulation of alternative financial services and debt collection
  • McCarthy Tétrault LLP
  • Canada
  • July 14 2015

On June 15, 2015, the Ontario Ministry of Government and Consumer Services published a consultation paper entitled "Strengthening Consumer Financial


Legal update regarding mortgage insurance
  • McCarthy Tétrault LLP
  • Canada
  • June 22 2015

Canada's regulatory and supervisory framework of its residential mortgage market has undergone significant change in the aftermath of


“Bitlicensing”: New York virtual currency regulations include cybersecurity program requirement
  • McCarthy Tétrault LLP
  • Canada, USA
  • June 12 2015

On June 3, 2015, the New York Department of Financial Services ("NYDFS") issued its final virtual currency regulations after spending a year


Three innocent lenders and a fraudster: a priorities dispute
  • McCarthy Tétrault LLP
  • Canada
  • May 25 2015

The recent decision of CIBC Mortgages Inc. (c.o.b. Firstline Mortgages) v. Computershare Trust Co. of Canada, 2015 ONSC 543 provides a fact


New regime in Quebec for security on bank deposits and other monetary claims
  • McCarthy Tétrault LLP
  • Canada
  • May 15 2015

In our December 3, 2014 Legal Update, we reported on the tabling of a bill in Quebec to amend the Civil Code of Québec (the “CCQ”) in respect of


The cheque is no longer in the mail: risks and developments relating to cheque imaging
  • McCarthy Tétrault LLP
  • Canada
  • May 13 2015

The Canadian Payments Association (the "CPA") recently issued a 4 part article series on the security implications of image-based cheque clearing, in


Bank of Canada announces updates to emergency lending policies
  • McCarthy Tétrault LLP
  • Canada
  • May 8 2015

The Bank of Canada (the "Bank") issued on May 5, 2015 "Bank of Canada Emergency Lending Policies", a consultation paper setting forth proposed