“Regtech” to Transform Regulatory Compliance

/ November 17th
The “Regtech” sector is transforming regulatory compliance and risk management by using new technology to automate and streamline previously costly processes. The current regulatory environment in many Canadian industries... READ MORE

FinTech Articles

An ICO, or initial coin offering (or sometimes an ITO or an initial token offering) is a relatively new – and recently much talked about – fundraising method. ICOs involve pre-selling a portion of a newly issued cryptographic currency. Investors receive cryptographic “coins” or “tokens” in exchange for other established types of cryptocurrency, such as Bitcoin or Ether, or... READ MORE
It’s not easy to weigh the pros and cons of investing in bitcoin. As a cryptocurrency, bitcoin may not have the heft of a gold bar, but its value has continued to climb. If only I’d bought bitcoin back in 2011 when the price of one bitcoin was on par with the US dollar. This month the bitcoin price has... READ MORE
At the intersection of the financial services and technology sectors is an industry that has garnered much attention of late. With the rise of the ubiquitous smartphone and our “always online” culture, consumer behaviour has evolved to require financial services to be delivered through new technologies offering a seamless user experience at a cheaper cost than their traditional equivalents.... READ MORE
Entities that are designated as reporting entities under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, such as money services businesses and designated financial institutions have certain obligations to fulfill under the Act and corresponding Regulations. One of these obligations is to verify the identity of their clients, also known as “KYC” requirements. The Regulations specify when... READ MORE
It might not sound sexy but it’s exciting nonetheless….Recent amendments to the British Columbia Disclosure of the Cost of Consumer Credit Regulation have opened the doors to real time digital consumer loan products. The Business Practices and Consumer Protection Act and the Regulation require credit grantors who extend credit in the ordinary course of carrying on their businesses to... READ MORE

About the Authors

Kelly Samuels, partner, brings a knowledge of business law to the rapidly growing fintech sector.