Overview
Our track record of service to the financial services industry is second to none. We have longstanding relationships with Canada’s leading financial institutions and regulatory bodies, developing a sophisticated team with a deep understanding of the sector. We offer comprehensive counsel related to establishment, licensing, corporate governance and financial products—as well as dealmaking, financings and enforcement action. We proudly serve as primary regulatory counsel to the majority of Canada’s six largest banks, the country’s largest life insurance companies, and numerous foreign banks in Canada. Torys is the only Canadian law firm to be ranked in Band 1 for both Financial Services Regulatory and Insurance Regulatory by Chambers & Partners.
Primary Contacts - Regulatory
Primary Contacts - Transactions
Areas of Service
- Financial Services RegulatoryWe cover all aspects of regulatory compliance in the banking industry, counselling clients on financial institutions and credit union regime changes in Canada.Learn more
- Insurance and ReinsuranceWe regularly advise life insurers, property and casualty insurers and reinsurers on insurance regulatory matters and market participants on transactional matters.Learn more
- Investment Funds and Asset ManagementWe give cross-border counsel to clients on transactions and to help develop innovative products and programs in the asset and wealth management business in North America and across the world.Learn more
- M&AOur leading Financial Services M&A team provides sophisticated cross-disciplinary counsel on the financial sector’s most significant transactions, both domestically and internationally.Learn more
- Banking and Debt FinanceOur history of involvement in Canada’s banking industry and its financing markets extends perspective to our work advising lending institutions on financing transactions.Learn more
- Capital MarketsOur transactional and regulatory counsel helps financial institutions raise capital, including to meet their financing and Tier 1 regulatory capital requirements, through all types of public offerings and structures.Learn more
- Disputes and InvestigationsWe help clients defend and respond to contractual disputes, regulatory investigations and enforcement proceedings brought by regulators.Learn more
- Consumer ProtectionOur dedicated counsel on consumer-focused legislation helps Canada’s largest financial institutions to manage and innovate their compliance practices and programs.Learn more
- FintechWhether negotiating a fintech arrangement or developing a new service offering, we help clients seize new opportunities and build creative, market-leading business models in this fast-paced space.Learn more
- Anti-Money LaunderingWe advise Canadian and international financial institutions on matters related to Canadian anti-money laundering and anti-terrorist financing regulations.
- Foreign BanksWe help foreign banks establish and carry on business in Canada, providing counsel on structuring considerations, business and investment powers, related parties restrictions, and more.