Banks in Canada have been continuously recognized as amongst the soundest and safest across the globe. Notwithstanding, the global financial crisis has led to a series of significant regulatory changes (most notably in the areas of liquidity and capital) designed to reduce the risk of another global financial crisis occurring, to which Canadian banks are already or will become subject, to ensure that they will continue to be well positioned for any risks going forward.

Banking Regulation 2019 covers key topics including regulatory architecture, themes and developments, bank capital requirements, bank governance/internal controls, Fintech, rules governing banks' relationships with their customers and other third parties in 28 jurisdictions.

Access the Canadian Chapter of Global Insights on Banking Regulation 2019.

Canadian chapter reproduced with kind permission from Global Legal Group Ltd.

The foregoing provides only an overview and does not constitute legal advice. Readers are cautioned against making any decisions based on this material alone. Rather, specific legal advice should be obtained.

© McMillan LLP 2019