Chambers Review
Provided by Chambers
FinTech Legal - Canada
What the Team is Known For
Torys advises an impressive list of traditional financial institutions and FinTech businesses on regulatory and transactional matters related to emerging technologies. The team is particularly active on payments matters, advising on product launches, regulatory compliance, data protection and privacy and commercial agreements.
Strengths
The Torys team combines strong legal knowledge with practical insight into how FinTech regulation is evolving, both in Canada and internationally.
They are quick to get me answers that I need, and are also very practical, providing advice with an eye to my particular needs and the risk tolerance of the business in which I am operating.
The Torys team is able to address matters that are somewhat in the grey zone and is able to solve problems under challenging circumstances.
Torys' strengths are its legal expertise, industry expertise and great client focus.
Work Highlights
Torys advised Payments Canada in the negotiation of its agreement with IBM as the clearing and settlement solution provider for the Real-Time Rail real-time payments system.
Notable practitioners
Brigitte Goulard is the co-head of Torys' FinTech group. Drawing on her experience within the Financial Consumer Agency of Canada, she is a trusted adviser on consumer protection issues relating to FinTech companies and products.
Brigitte provides a deep understanding of Canada's financial consumer protection framework.
Brigitte is a former regulator. I go to her for consumer protection advice. She is practical, knowledgeable and very timely.