Evolving legal requirements for Fintech Lenders in Canada
From a niche industry trend, financial technology (“Fintech”) has become a major disruptive force in the global financial landscape over the past 10 years. The concept of Fintech refers to new technologies that aim to enhance the delivery and use […]
Do hypothecary representatives help save time and money?
With business transaction costs constantly rising, lenders need to leverage the most effective tools not just for a current transaction but also for any amendments, renewals or new loans involving the same borrower. In Quebec, using a hypothecary representative can, […]
Regulatory overview for credit contracts under the Consumer Protection Act
In Quebec, the Consumer Protection Act (the “CPA”) governs contracts for goods or services entered into between consumers and merchants in the course of their business.[1] When it comes to loans of money or credit, lenders wishing to establish themselves in […]
Securitisation: Canada
Mondaq Comparative Guides
Jason Kroft and Alfred Apps, with contributions from Ahmad Adam, Ron Choudhury, Simon Igelman, Asim Iqbal, Luc-Antoine Manneh, Shaun Parekh and Margaret Shodeinde, author the Canada chapter for Mondaq’s Securitisation Comparative Guide. The guide provides a detailed analysis and comparison […]
Demystifying claims assignment in Québec
Introduction Claims assignment is often used in the business world across Canada, particularly in the context of structured financing.[1] In Québec, claims assignments are governed by the Civil Code of Québec (the “C.C.Q.”). In this bulletin, we will review some […]
