Fintech in Canada Q2 2023: Navigating Industry Shifts and Legal Challenges
Written By Matthew Flynn, Simon Grant, Kwang Lim and Maureen Ward
July 13, 2023
Fintech in Canada today is at a pivotal moment that will set the industry's foreseeable path in the country. This series looks at what industry participants need to know in the areas of financial regulation, securities, commercialization of IT, AI, digital currencies, IP, data governance and privacy, tax, corporate finance, private equity, M&A and asset tracing.
In this Q2 2023 update, we look at:
- Considerations when considering the use of generative AI in a business.
- Potential changes to Canada's anti-money laundering and anti-terrorist financing rules.
- New registration requirements for money services businesses in British Columbia.
- The SEC filing against Binance.