Wild Times for the Community Reinvestment Act
Daily Compliance News: July 31, 2025. The Forgotten Generation Edition
Compliance Tip of the Day: Citibank and Continuous Monitoring
Wire Fraud Litigants Beware: Fourth Circuit Ruling Protects the Banks — The Consumer Finance Podcast
Top challenges with Compliance Management
From Banks to FinTech: The Evolution of Small Business Lending — The Consumer Finance Podcast
From Banks to FinTech: The Evolution of Small Business Lending — Payments Pros – The Payments Law Podcast
The Capital Ratio Podcast | Entering the US Banking Market
Point-of-Sale Finance Series: Banking on Lending Models — The Consumer Finance Podcast
Understanding MALPB Charters: A Collaborative Approach to Banking Innovation — Payments Pros – The Payments Law Podcast
The fatal flaws in the 2023 CRA rule
Fraud, the silent epidemic
Consumer Finance Monitor Podcast Episode: Private Civil Consumer Financial Services Litigation to Partially Fill CFPB Void - Part 1
Daily Compliance News: April 21, 2025, The Tribute to Pope Francis Edition
Predictions regarding the 2023 CRA Rule and Section 1071 and how to prepare for expected developments
The Capital Ratio Podcast | Stablecoins: Regulatory Issues for UK and EU Banks To Consider
Strengthening Compliance: Lessons From the OCC's Consent Order With Patriot Bank — Payments Pros – The Payments Law Podcast
Navigating 2025: Federal Legislative and Regulatory Updates on Stablecoins and Decentralized Finance — The Crypto Exchange Podcast
Third-Party Risk The competitive world of banking struggles to keep up with technological advances, particularly in a regulatory environment.
Deposit Account Litigation: Highlights From 2024 and What to Expect in 2025 — The Consumer Finance Podcast
Don’t miss this complimentary webinar spotlighting the five most pressing regulatory developments reshaping compliance in Canada’s financial sector. From board-level liability, to shifting enforcement priorities, get up to...more
Between tariffs, tightening export controls, evolving sanctions, and ramped up enforcement, the cost and complexity of compliance is rising for oil and gas supply chains. ACI’s Trade & Sanctions Compliance for the Oil and...more
The recent Fall Economic Statement announced the intention of the current Canadian federal government to materially increase the financial (and other) penalties faced by designated individuals and entities doing business in...more
On November 21, 2024, the Office of the Superintendent of Financial Institutions (“OSFI”) released a regulatory notice on managing culture risk (the “Notice”). The Notice follows industry feedback on OSFI’s February 2023...more
Le 16 novembre 2024, le ministère des Finances a publié le projet de Règlement modifiant le Règlement sur le régime de protection des consommateurs en matière financière (le « projet de règlement ») et a lancé une période de...more
Vers la fin du mois de septembre, le Bureau du surintendant des institutions financières (le « BSIF ») et l’Agence de la consommation en matière financière du Canada (l’« ACFC ») ont publié un rapport conjoint dans lequel ils...more
On November 16, 2024, the Department of Finance released Proposed Regulations Amending the Financial Consumer Protection Framework Regulations (Regulations) and opened a 30-day consultation period that closes on December 16,...more
In late September, the Office of the Superintendent of Financial Institutions (OSFI) and the Financial Consumer Agency of Canada (FCAC) jointly released a report describing the evolving risk landscape related to the use by...more
Canada’s new Retail Payment Activities Act (the “RPAA”), which governs Payment Service Providers (“PSPs”), requires registration with the Bank of Canada (the “BoC”) within a registration window that runs from November 1, 2024...more
Le 12 août 2024, la ministre des Finances a lancé une consultation publique visant à recueillir des commentaires sur les mesures proposées afin de réviser le cadre réglementaire du Canada qui s’applique aux institutions...more
On August 12, 2024, the Department of Finance launched a public consultation seeking views on proposed measures to update Canada’s regulatory framework for financial institutions. This consultation marks the third phase of...more
Le 25 avril 2024, la Cour suprême du Canada (la « CSC ») a rejeté une demande d’autorisation d’en appeler d’une décision rendue récemment par la Cour d’appel de l’Alberta (la « CAA ») dans l’affaire Pacific Atlantic Pipeline...more
On April 25, 2024, the Supreme Court of Canada (SCC) denied leave to appeal the recent ruling of the Alberta Court of Appeal (ABCA) in Pacific Atlantic Pipeline Construction Ltd v. Coastal GasLink Pipeline Ltd. (Decision). In...more
Introduction Le 30 avril 2024, le gouvernement fédéral du Canada (le « gouvernement fédéral ») a déposé l’avis de motion de voies et moyens pour présenter la Loi d’exécution no 1 du budget de 2024 (le « projet de loi ») afin...more
In response to high-profile concerns about foreign interference in Canadian elections, Canada’s Minister of Public Safety has proposed a new Bill C-70, the Countering Foreign Interference Act (Bill). The Bill makes a number...more
On April 16, 2024, the Deputy Prime Minister and Finance Minister presented the Canadian Government’s 2024 budget. The government reiterated that it was “reinforcing its efforts to crack down on predatory lending, and moving...more
Introduction - On April 30, 2024, the federal government tabled a Notice of Ways and Means Motion to introduce the Budget Implementation Act, 2024, No. 1 (Bill) to codify many of the provisions of the 2024 budget (Budget...more
Introduction Le 21 février 2024, la Banque du Canada (la « Banque ») a publié des lignes directrices provisoires sur la supervision des paiements de détail (les « lignes directrices ») en vertu de la Loi sur les activités...more
Le nouveau règlement intitulé Règlement sur le taux d’intérêt criminel (le « Règlement ») a été annoncé le 23 décembre 2023. Il introduit plusieurs considérations importantes en matière de droit civil que doivent prendre en...more
Introduction - On February 21, 2024, the Bank of Canada (BOC) released draft supervisory guidelines (Guidelines) on the Retail Payments Activities Act (RPAA), providing insight into how they will be interpreting the...more
The new Criminal Interest Rate Regulations (Regulations) announced on December 23, 2023, give rise to several important civil implications for lenders and service providers throughout Canada, even though the Regulations have...more
The executive order signed by United States President Joseph Biden in February 2024 states that the violence being committed by Israeli settlers has reached intolerable levels; poses a serious threat to peace, security, and...more
On November 27, 2023, a large Canadian bank agreed to pay $15.9 million to accountholders in a proposed settlement agreement stemming from a class action suit in which the bank allegedly charged improper non-sufficient fund...more
As we previously reported in April 2023 in our blog, It's Official—Proposed Criminal Interest Rate Amendments Introduced, the Government of Canada is proposing to lower the current criminal rate of interest to 35 percent. At...more
Le 23 décembre 2023, le gouvernement fédéral a publié son Règlement sur le taux d’intérêt criminel (le « Règlement ») tant attendu dans la Gazette du Canada. Le Règlement proposé aura des répercussions importantes pour les...more