On August 26, 2016, Canada’s Department of Finance (Finance Canada) launched a consultation process to review the legislative and regulatory framework of the federal financial sector. This follows the extension of the sunset...more
Canada, like other major jurisdictions, has introduced a broad range of economic and financial sanctions targeting foreign states and their nationals, as well as various terrorist organizations.
Given that Canada is in...more
In an abrupt reversal of the trend of increasing sanctions against Iran, which Canada has followed since 2011, the Government of Canada announced on February 5, 2016, that it would be implementing significantly less stringent...more
Financial institutions in Canada witnessed yet another year of significant growth in legislation and regulatory guidance impacting their operations, while the financial marketplace is continuing to adapt to the impact of...more
1/21/2016
/ Anti-Money Laundering ,
Canada ,
Capital Requirements ,
Credit Cards ,
Debit Cards ,
Derivatives ,
FCAC ,
Financial Institutions ,
FSB ,
IAIS ,
IFRS ,
Insurance Industry ,
Life Insurance ,
Mortgages ,
National Housing Act (NHA) ,
OSFI ,
Payment Systems ,
PIPEDA ,
Popular ,
Recapitalization ,
Risk Assessment ,
Risk Management ,
Shareholders
Finance Minister Joe Oliver tabled his first budget on April 21, 2015 (Budget). Several proposals in the Budget will be of interest to financial services clients, including proposals for a consumer protection framework for...more