Banks & Financial Institutions

We advise on the structuring, operation and regulatory requirements for provincial, extra-provincial, federal and international financial services entities. This includes advising on compliance with often unique, Saskatchewan laws. We act for all types of public and private financial institutions, including  credit unions, central credit unions, banks, trust companies, insurance companies, financing companies, pension plans regulators and foreign lenders Our services include:

• Regulatory compliance including filings, exemptions, orders and hearings;
• Financial institution restructuring and subsidiary compliance;
• Corporate Governance including bylaw development, annual and special meetings and advising and training boards;
• Raising of regulatory capital including subordinated debt issuances;
• Asset securitizations;
• Derivative arrangements including swap transactions and ISDA agreements;
• Syndication agreements;
• Financial asset and asset pool dispositions and acquisitions;
• Compliance with deposit-taking laws;
• Financial clearing and settlement agreements;
• Creation and review of standard form documents, including loan documents and security documents;
• Continuance of credit unions to the federal jurisdiction;
• Mergers and acquisitions;
• Registration, compliance and exemptions for foreign and private lenders in relation to the unique requirements of The Trust and Loan Corporations Act, 1997 (Saskatchewan), including trust, deposit taking and lending services;
• Compliance by non-registered lenders with, and exemption orders relating to, the farmland ownership restrictions in The Saskatchewan Farm Security Act;
• Compliance and advice to lenders in the agricultural sector pertaining to  Saskatchewan’s unique producer protection laws including The Saskatchewan Farm Security Act and The Agricultural Implements Act; 
• Lending transactions where financial institutions borrow for their own corporate and or regulatory purposes.

We also advise pension plan boards and their administrators on compliance with The Pension Benefits Act, 1992 and other applicable laws and regulations.