FSxT: Your legal hub at the intersection of technology and financial services

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Welcome to FSxT, a resource hub exploring how the fascinating interplay between technology and regulation is reshaping Canada's financial services industry and fueling innovation.

Curated by Gowling WLG's multi-disciplinary team of lawyers, FSxT is your go-to resource for staying informed and gaining valuable insights on the topics important to your business. From the latest on Canada's open banking framework, digital assets and Web3 to new compliance obligations for payment service providers and other industry stakeholders, we break down complex Canadian laws and regulations into practical, relevant and digestible insights tailored to the financial services industry.

Evolving topics and trends

Upcoming dates

  • Spring 2024: The government intends to introduce the first of two pieces of legislation to implement the open banking framework this Spring. This legislation will address key elements such as governance, scope, and criteria and process for the technical standard.
  • Fall 2024: Remaining elements of the open banking framework would be legislated in the Fall of 2024, which is expected to be introduced in connection with a second budget implementation act. 
  • Nov. 15, 2024: Payment service providers regulated under the Retail Payment Activities Act must submit a registration application with the Bank of Canada by this date.

Watch our on-demand webinar to learn more


Let's begin a conversation

Canada's financial services industry is entering an exciting new era, one defined by unprecedented opportunity for growth and innovation. For financial institutions and new market entrants alike, we offer a full suite of services tailored to help you capitalize on this moment.

From help navigating complex commercial transactions (mergers, acquisitions, technology licensing agreements, venture capital agreements, etc.) to sophisticated regulatory advice, we have you covered every step of the way.

Contact a member of our team today for a zero commitment exploratory call.

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