Banks and Credit Unions
With some of the most experienced practitioners in the country, we bring deal acumen and clarity to regulatory, legislative and compliance matters at every stage of the financial institution life cycle.


Torys has one of the leading banking regulatory practices in Canada. Having been involved in the creation of numerous federally regulated financial institutions and establishment of branches in Canada, we give strategic counsel clients rely on through each stage of their development: from the establishment and licensing of a new business, governance arrangements and M&A, to distribution strategies and market conduct, as well as the launch of financial products, and more.

We pride ourselves on our agility and perspective with new and uncharted aspects of the banking business. We deal with regulators at all levels in Canada on a daily basis, including the Office of the Superintendent of Financial Institutions (OSFI), where some of our practitioners have spent time on secondment.

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The group is viewed accurately as being collegial and easy to work with…compared to other firms, Torys is clearly one of the top banking groups.
— Chambers Canada, 2021

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