Banking Regulation 2018 – 5th Edition
Banks in Canada have been continuously recognised as amongst the soundest and safest across the globe. Notwithstanding, the global financial crisis has led to a series of significant regulatory changes (most notably in the areas of liquidity and capital) designed to reduce the risk of another global financial crisis occurring, to which Canadian banks are already or will become subject, to ensure that they will continue to be well positioned for any risks going forward.
Access the Canadian Chapter of Global Insights on Banking Regulation 2018
Canadian chapter reproduced with kind permission from Global Legal Group Ltd.
Insights (5 Posts)View More
Budget 2024: Legislative Changes of Note for Investment Funds
In Budget 2024, the Government acknowledges that the restrictions placed on the property that may be held by registered plans have become unduly complex.
Budget 2024: Synthetic Equity Arrangement Restrictions Tightened
Budget 2024 proposes to tighten the “synthetic equity arrangement” anti-avoidance rule by eliminating the no “tax-indifferent investor” exception.
Budget 2024: Increases in the Taxation of Capital Gains
Budget 2024 proposes to significantly change how capital gains are taxed under the Income Tax Act (Canada).
Budget 2024: Expanded Relief for Non-Resident Service Providers
Budget 2024 will expand the circumstances under which relief may be granted from withholdings on payments made to non-residents that render services in Canada.
Budget 2024: Government Audit Powers to be Significantly Enhanced
The Government has proposed to significantly expand the audit powers of the CRA and heighten the consequences of not complying with requests made by the CRA.
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