Structured Finance, Derivatives & Securitization
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
Deals and Cases
Insights (10 Posts)View More
Discusses the impact of new SEC cybersecurity requirements on Canadian foreign private issuers and suggests recommendations for companies to consider.
The Canadian Securities Administrators provide further guidance on an interim approach to the regulation of stablecoins (VRCAs) in Canada.
Review of the differences between the third draft and final draft of the Derivatives Business Conduct Rule.
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.
SEC Approves NYSE and NASDAQ Clawback Listing Standards – Assessing the Implications for Canadian Foreign Private Issuers
On June 9, 2023, the U.S. Securities and Exchange Commission approved the clawback listing standards of the New York Stock Exchange.
For the first time in over 40 years, Canada is making changes to the criminal interest rate.
All remaining tenors of USD LIBOR ceased being published on June 30, 2023; synthetic USD LIBOR and the LIBOR Act are available for legacy contracts.
Government of Canada Seeks Input on Updating Canada’s Anti-Money Laundering and Terrorist Financing Regime
The Government of Canada has launched public consultations on updating Canada's anti-money laundering and terrorist financing regime.
Finance Canada's proposed changes relating to anti-money laundering and armoured car companies, mortgage lenders, and money service businesses.
A guide to secured lending in Canada; summarizes regulatory matters, tax, security, insolvency and restructuring issues in Canada.
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