Stephen J. Redican

Practice Details

• Firm Information
  Position

  Partner

  Firm Name

  Borden Ladner Gervais LLP
• Representative Cases & Transactions
  Cases

  Representative Work: Financial Institution Regulation
  Compliance
  Representing
  advising financial institutions, including foreign banks, Schedule I, II
  III banks, trust companies, investment dealers, mutual funds, Crown corporations,
  other financial service companies
  their affiliates in a wide range of ongoing regulatory
  compliance matters.
  Has extensive experience under the Proceeds of Crime (Money Laundering)
  Terrorist Financing Act
  in decisions from the Financial Transactions
  Reports Analysis Centre of Canada (FINTRAC) in connection with financing, lending, payment card issuing, payment card processing businesses
  money services businesses.
  Has particular experience under the Bank Act
  the Trust
  Loan Companies Act in applications to
  orders
  rulings from the Office of the Superintendent of Financial Institutions (OSFI).
  Has detailed knowledge of cost of borrowing, credit business practices, privacy
  consumer protection regulatory compliance requirements
  Payment Cards, Payment Mechanisms
  Loyalty Programs
  Representing
  advising financial institutions
  other financial services providers with respect to payment card merchant processing, payment card issuing, consumer finance protection, outsourcing, reward programs, affinity programs
  payments systems matters.
  Representing
  advising issuer
  acquirer clients
  mobile wallet providers on the Code of Conduct for the Credit
  Debit Card Industry in Canada as well as Interac, Visa, MasterCard
  Canadian Payments Association rules
  requirements, including the Automated Clearing
  Settlement System
  the Large Value Transfer System.
  FinTech
  Advising clients with respect to new mobile
  online financial products
  services including partnerships with financial institutions, FinTech organizations
  other new
  innovative financial services developments.
  Lending
  Representing lenders
  borrowers in numerous secured
  unsecured financing transactions
  particular experience in syndicated loans, cross-border loans, asset-based loans, project finance, loans relating to acquisitions
  loans to agri-business.
  Structured Finance
  Asset Securitization
  Representing
  advising financial institutions
  corporations with respect to structured finance transactions
  asset securitizations, including CMBS, MBS
  rental portfolios,
  the servicing
  restructuring of securitization conduits.
  Since inception in 2001, representing Canada Mortgage
  Housing Corporation
  Canada Housing Trust No. 1 with respect to
  structuring the leading Canadian mortgage-based securitization program, the Canada Mortgage Bond Program.
  Since inception in 2008, representing Canada Mortgage
  Housing Corporation with respect to
  structuring the $125-billion emergency bank funding Insured Mortgage Purchase Program involving purchases of insured mortgage pools from Canadian financial institutions.
  Derivatives
  Representing
  advising banks, credit unions
  other financial institutions, mutual funds, investment funds, corporations, municipalities,
  hospitals with respect to derivatives transactions, including credit default swaps, equity forwards, commodity swaps, total return swaps
  conventional swaps.