Canada’s Financial Services Modernization Agenda

As Canada approaches its first federal budget under Prime Minister Mark Carney, a central question looms: will this government continue the push toward financial services transformation where the previous Parliament left off—or chart a different course?

With the federal budget now slated for November 4, expectations are mounting among industry watchers that long-discussed reforms in open banking, digital assets, AML, and privacy could now move closer to the finish line. For businesses across financial services […]

By | Oct 19, 2025 ||

Understanding President Trump’s “Debanking” Executive Order: Implications For The Banking Sector

President Trump recently signed a new executive order titled Guaranteeing Fair Banking for All Americans (the Executive Order or Debanking Order). The Executive Order seeks to scrutinize bank practices related to “debanking,” a term referring to terminating or denying banking and financial services to individuals or businesses based on non-financial criteria, such as a reputational risk to a bank. Specifically, the Executive Order notes that one of the purposes of it is to address […]

By | Oct 17, 2025 ||

Istanbul Financial Center: Financial Activities Within The Scope

The Istanbul Financial Center (“IFC”) is designed as two distinct sections: an office area where financial institutions will operate, and an ancillary area containing commercial and social units that will meet the daily needs of employees:

Office Area: Natural and legal persons, along with their branches and representative offices, ordinary partnerships, liaison offices, regional management centers, and national asset funds may operate within the office area of the IFC. Office area occupiers, referred to as […]

By | Oct 15, 2025 ||