Finance Law and Banking Law

Underlying the current financial crisis, developed economies continue to struggle with the twin challenges of a disruptive global re-ordering and the transition from industrial to knowledge-based economies.

The 2008 economic crisis and the revelations about the role that certain officers and directors of large American financial institutions played in creating the conditions that led to this crisis gave rise to more pressure to increase the duties and liabilities of corporate directors.

Boards will play a critical role in banks’ evolving compliance models.

Dealing with the Canada Revenue Agency (CRA) can often feel like navigating a complex maze.

Stablecorp Inc. ("Stablecorp"), a Toronto-based fintech company, has secured C$2.5 million (approximately US$1.8 million) in strategic funding to accelerate the growth and advancement of QCAD, its stablecoin pegged to the Canadian dollar.

On June 6, 2025, the Ontario Securities Commission (OSC) proposed amendments (Proposed Amendments) to OSC Rule 48-501 Trading during Distributions, Formal Bids and Share Exchange Transactions (OSC Rule 48-501)...

Last week, the International Swaps and Derivatives Association released a letter it submitted to the Ontario government in support of the Ontario Bar Association's proposal to provide an automatic first priority ranking to financial institutions that have a security interest in cash in financial accounts perfected by control.

On May 4, the Ontario Securities Commission released a statement regarding a meeting held in Toronto earlier this month and attended by various international regulatory agencies regarding the regulation of OTC derivatives.

In comparison to the ongoing regulatory onslaught in Europe and the United States, we in Canada appear to have gotten off pretty lightly and may even have felt that this was completely justifiable given our country’s performance and the high performance standards maintained by Canadian assets throughout the financial crisis.

Welcome to Credit Insights, a periodic series of articles where members of Torkin Manes' Banking & Financial Services Group examine and discuss technical aspects of lending transactions with a focus on the legal documentation...

In the 2010s, U.S.-based retailer J. Crew Group, Inc. (the "Borrower") negotiated certain of its credit agreements to include specific provisions which ultimately enabled it...

On April 17, 2025, the Canadian Securities Administrators (CSA) published final amendments (the Amendments) to National Instrument 81-102 Investment Funds (NI 81-102) and the Companion Policy...