Financial Services Regulatory

Stikeman Elliott delivers clear, decisive and practical Canadian and multilateral regulatory advice on governance, compliance and enforcement issues to the financial services industry. From financial centres across Canada, as well as New York and London, our experts provide critical insights to clients on the procedures and priorities of federal and provincial regulators in this highly regulated sector.

Clients include major domestic Schedule I and II banks, foreign banks, Canadian and foreign insurance companies, investment dealers, asset managers, trust companies, credit unions, caisses populaires, fund managers, and other investment fund industry participants and entities providing or seeking to provide financial services in the Canadian institutional or retail markets. We have significant expertise with the financial services regulatory frameworks at both the federal and provincial levels as well as unmatched relationships with federal and provincial regulators, including the Office of the Superintendent of Financial Institutions, the Federal Department of Finance and provincial securities regulators.

We undertake complex financial institutions regulatory work and have consistently been at the forefront of innovative, first-of-their-kind transactions in Canada, including acting on the first major longevity insurance/reinsurance transaction in Canada, and leading the first Basel III compliant NVCC offerings of preferred shares and subordinated debt in Canada. Governments and their agencies, as well as major U.S. and global industry associations, also rely on our team of experts to provide state-of-the-art advice on the evolving regulatory and legislative landscape, including the G 20 global financial services reform initiatives.

Our Expertise

  • Advisers
  • Anti-bribery/corruption
  • Anti-money laundering
  • Banks
  • Broker-dealers
  • Commodities trading/advising capital transactions
  • Consumer protection
  • Credit unions and caisses populaires
  • E-commerce
  • Establishment in Canada
  • Fintech
  • Insurance products
  • Investment banking
  • Investment management
  • Investment products
  • Mobile banking
  • Outsourcing
  • Payment systems
  • Permitted activities and investments
  • Privacy data security
  • Private banking
  • Regulatory approvals, licenses and permits
  • Retail products
  • Rulings
  • Trade sanctions
  • Trading and markets/market infrastructure
  • Chambers Canada 2021 for Banking & Finance
  • Chambers Canada 2021 for Banking & Finance: Financial Services Regulation
  • IFLR1000: The Guide to the World’s Leading Financial Law Firms 2021 for Financial Services Regulatory
  • The Legal 500 Canada 2020 for Insurance: M&A and Regulatory
  • Lexpert 2019 Guide to the Leading US/Canada Cross-Border Lawyers in Canada for Regulatory
See allAccolades