Magnifying glass on financial report figures with network graphics
Magnifying glass on financial report figures with network graphics
Magnifying glass on financial report figures with network graphics

In today’s global markets, financial institutions and other businesses are on the look-out for new ways to reduce financing costs and mitigate risk. Finance professionals develop complex financial instruments and structures, involving new hedging and investment strategies, financing alternatives and balance sheet enhancement opportunities.

McMillan’s Financial Services Group is a recognized leader in developing and structuring sophisticated financial instruments. We regularly advise sellers, multi- and single-seller conduit sponsors, special-purpose vehicles, servicers, credit enhancers, liquidity providers and rating agencies on the derivatives laws that govern domestic and cross-border securitization structures including asset-backed commercial paper conduits, public and privately placed term transactions and concurrent leases.

McMillan lawyers use their in-depth knowledge of financial services law to help clients advance structured finance transactions through a consistently changing regulatory landscape. We have extensive Canadian and international experience in structuring and implementing domestic and cross-border, over the counter (OTC) and exchange-traded derivatives transactions and advising clients on OTC and exchange-traded derivatives regulation, taxation and documentation.

Our lawyers are active in all aspects of the domestic and cross-border securitization markets. As financial products continue to evolve and the regulatory environment for derivatives becomes increasingly complex, we keep pace with the rapidly changing industry to ensure we are consistently providing practical and innovative advice to our clients.

McMillan professionals help clients lead by:

  • Structuring and implementing assets such as residential and commercial mortgages, trade receivables, government receivables, credit cards, automobile and equipment loans and leases, and personal lines of credit
  • Structuring and implementing OTC and exchange-traded derivatives
  • Establishing a variety of securitization structures, including asset-backed commercial paper conduits, term transactions and concurrent leases

Primary Contacts

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Michael Burns

Partner, Investment Funds & Asset Management

Shahen A. Mirakian

Partner, Structured Finance, Derivatives & Securitization

Deals and Cases

Insights (10 Posts)View More

Featured Insight

Towards a Shared Understanding: Canada’s New Sustainable Investment Guidelines & Mandated Climate Disclosures

Canada’s New Sustainable Investment Guidelines (Taxonomy) & Mandated Climate Disclosures

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Nov 4, 2024
Featured Insight

RIP CDOR 1986-2024: A Recap of CDOR’s Final Days

On June 28, 2024, CDOR was published for the last time, marking the end of CDOR. The market has adopted CORRA as the Canadian dollar risk-free rate benchmark.

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Aug 13, 2024
Featured Insight

Sanctions Enforcement Rising: Border Seizures and Forfeitures, Administrative Penalties and a New Reporting Obligation for Sanctions Evasion Offences

Changes to Canada’s sanctions regime under Bill C-59 will add reporting requirements for importers/exporters, create AMPs, and grant new CBSA seizure powers.

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Jun 13, 2024
Featured Insight

Goodbye CDOR, Hello CORRA: CDOR’s Final Month and CORRA Loan Trends

CDOR will cease being published after June 28, 2024; CORRA is now used in credit agreements with certain trends developing in its use.

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Jun 11, 2024
Featured Insight

Warning For Businesses: Companies Can be Liable for Tort of Bribery Even if They Did Not Intend to Pay or Receive a Bribe

Businesses with a duty to provide impartial advice must take steps to ensure the payments they make or receive are not later interpreted as bribes.

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Apr 12, 2024
Featured Insight

Under Construction: The Canadian Securities Administrators (CSA) Publish Proposed Regulatory Framework for Public Investment Funds Seeking to Invest in Crypto Assets

The CSA published proposed amendments to NI 81-102 and Companion Policy 81-102CP to create a regulatory framework for investment funds investing in crypto.

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Jan 31, 2024
Featured Insight

New SEC Cybersecurity Rules – Implications for Canadian Issuers

Discusses the impact of new SEC cybersecurity requirements on Canadian foreign private issuers and suggests recommendations for companies to consider.

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Oct 25, 2023
Featured Insight

CSA Provides Further Guidance on the Regulation of Stablecoins

The Canadian Securities Administrators provide further guidance on an interim approach to the regulation of stablecoins (VRCAs) in Canada.

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Oct 24, 2023
Featured Insight

Conduct Completed! CSA Publishes Final Version of Derivatives Business Conduct Rule

Review of the differences between the third draft and final draft of the Derivatives Business Conduct Rule.

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Oct 4, 2023
Featured Insight

Remember, Remember, the 1st of November; Navigating the November 1st Deadline in the CDOR Transition and Term CORRA’s Launch

Navigating the November 1, 2023 Deadline in the CDOR Transition and Term CORRA’s Launch.

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Aug 15, 2023