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McCarthy Tétrault advises Department of Finance Canada on Liability Frameworks in the Context of Open Banking

Date Closed

May 28, 2019

Lead Office


On January 11, 2019, the Department of Finance Canada announced it was conducting a Review into the Merits of Open Banking in Canada. A critical portion of this review involved investigating the current liability frameworks under financial services and privacy regulations in Canada and contrasting these frameworks with international best practices.

McCarthy Tétrault LLP advised the Department of Finance Canada with a team led by Ana Badour that included Domenic Presta (Technology) and Dana Peebles and Ryan MacIsaac (Litigation).