North America: Finance and Banking

The Cayman Islands currently have no form of income, corporate or capital gains tax and no estate duty, inheritance tax or gift tax. Stamp duty may be payable on documents executed in, or brought to, the Cayman Islands...

Major changes to Canada's Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the "Act") came into effect on April 1, 2025.

Adopting Accounting Standards Codification (ASC) 842, Leases, introduces new considerations for companies with leases. One such complex consideration is accounting for the potential impairment...

This month we're pleased to feature our client, Wilmington Trust, N.A. A leader in institutional client services and wealth management, Wilmington Trust is a subsidiary of M&T Bank that offers corporate trust, custody...

The Association of International Energy Negotiators published its model form LNG sale and purchase agreement in October, its first edition of a long-form LNG SPA...

On November 4, 2025, Finance Minister François-Philippe Champagne tabled the 2025 federal budget (Budget 2025). Budget 2025 contains significant infrastructure announcements across five major categories: trade and transport infrastructure, community and core public infrastructure, housing delivery and financing, defence and security infrastructure, and critical minerals and clean economy enablers.

Islamic or 'halal' financial products are growing globally and this is being driven by the peculiarity of these products in closing financial exclusion gaps affecting Muslims around the globe.

In the 2024 federal budget released on April 16, the federal government stated its intention to explore new measures to expand access to alternative financing products...

In residential transactions, Halal financing typically involves structures such as Murabaha (cost-plus sale), Ijarah (leasing), Musharakah (partnership), and Istisna'a (manufacturing contracts).

After years of regulatory turf wars and jurisdictional uncertainty, the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC)...

The Canadian Securities Administrators (CSA) have finalized a package of amendments to modernize the continuous disclosure regime for investment funds.

In March 2025, the Toronto Stock Exchange (the TSX) published proposed amendments to its original listing requirements aimed at improving clarity, increasing flexibility, and reducing the need...