Prudential Regulation

Prudential regulation aims to protect financial institutions from risks that could jeopardize their financial health and the financial interests of their clients. For financial institutions, it’s important to understand how to avoid or minimize risk.

With Canada’s leading financial services regulatory law group, we have the expertise to assist with all aspects of the prudential regulation of federal and provincial financial institutions, including banks, insurance companies, trust and loan companies, credit unions, and centrals. We are well-informed on market trends and legislative changes that could impact your businesses and skilled in advising on all matters impacting safety and soundness, including:

To better represent our clients, we have built strong relationships with the federal and provincial regulatory bodies. These include the Office of the Superintendent of Financial Institution (the prudential regulator of Canadian banks and other federally regulated financial institutions), the Financial Services Regulatory Authority of Ontario, the Autorité des marchés financiers of Quebec and the Financial Services Authority of British Columbia. We have a comprehensive understanding of the guidance published by international standard-setting organizations, including the Basel Committee on Banking Supervision and the Financial Stability Board, and advise financial institution clients and others on their implementation in Canada.