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Department of Finance Canada Issues Consultation Paper on Open Banking

Canada - January 14 2019 On January 11, 2019, the Department of Finance Canada released a consultation paper (the “Consultation Paper”) seeking the views of Canadians on the...

Domenic Presta.

Alberta High-Cost Credit Business Regulation to Become Effective January 1, 2019

Canada - December 18 2018 On November 29, 2017, the Government of Alberta introduced Bill 31: A Better Deal for Consumers and Businesses Act (“Bill 31”) setting out various...

Charles Eluromma.

Standing Committee on Finance Releases Recommendations on Canada’s Anti-Money Laundering and Anti-Terrorist Financing Regime

Canada - December 3 2018 Recently, the House of Common’s Standing Committee on Finance released its report titled, “Confronting Money Laundering and Terrorist Financing:...

Drew Wong.

Project Jasper Phase 3: Application of Distributed Ledger Technology to Securities Settlement

Canada - November 21 2018 Distributed ledger technology (“DLT”) has the potential to transform the financial industry. Worldwide, 70 of capital markets information technology...

Paulina Bogdanova, Laure Fouin.

New Financial Services Consumer Protection

Canada - November 20 2018 The Budget Implementation Act, 2018, No. 2 (the “Second Budget Bill”) was introduced on October 29, 2018 and includes amendments to various financial...

Eve Tessier, Mathieu Dubord, Marc J. MacMullin, Barry J. Ryan, Nancy J. Carroll.