Banking and Financial Services

Lack of commonality defeats investor class action alleging breach of fiduciary duty

An Ontario decision highlights the individual inquiries that often exist in proposed class actions involving investors and investment decisions.

Québec seeks to amend Consumer Protection Act and related regulations to increase price and credit transparency

Québec’s Bill 72, if adopted, will contribute to increased price and credit transparency.

Navigating the future of payments

This seminar features Victoria Graham and Elizabeth Sale discussing, among other topics, various aspects of RPAA, including the registration process,...

Department of Finance proposes significant changes to federal financial institutions legislation and Criminal Code

The Department of Finance launched the third phrase of its review of the legislation governing Canada’s financial institutions.

Are you a payment service provider? You may be subject to the new Retail Payment Activities Act

The Retail Payment Activities Act (RPAA) establishes a general supervisory framework for the regulation of payment service providers (PSPs). Under...

Q1 2024 Economic Update with Stephen Poloz

What does 2024 have in store for the Canadian economy? Join us virtually for a first quarter economic update featuring Osler Special Advisor and...

New York Court of Appeals clarifies UCC Article 8 choice of law rules for validity of securities

A recent New York Court of Appeals decision regarding the validity of certain secured notes issued by Venezuela’s state oil company provides...

Criminal interest rate regulations published for consultation

The federal government published draft regulations proposing important exemptions from the application of the criminal rate of interest cap.

Compliance burdens for payment service providers under final Retail Payment Activities Act regulations

The final regulations to the Retail Payment Activities Act, published on November 22, 2023, ease some compliance burdens for payment service...