Canadian Bail-in and TLAC – Impact on Capital Markets Transactions

09/13/2017 11:00 a.m. - 12:00 p.m. EDT

Capital Markets, Banking + Financial Services, Financial Institutions + Financial Services, and Financial Services

Lloyd S. Harmetz

Lloyd S. Harmetz

Teleconference

Trevor Starer
tstarer@mofo.com
(212) 336-4310

During this webinar, the panelists will address the proposed Canadian federal rules relating to (a) Bank Recapitalization (Bail-in) Conversion Regulations and (b) Total Loss Absorbing Capacity (TLAC). These rules are expected to have a significant impact on how the major Canadian banks (D-SIBs) offer debt securities in Canada, the U.S. and elsewhere. In particular, the speakers will focus on navigating a variety of issues:

  • The expected regulatory framework and capital requirements;
  • Changes to debt offering programs, including indenture terms and covenants;
  • Changes to offering documents delivered to investors;
  • The impact on structured note offerings; and
  • The process for compensating debtholders.

Speakers:

  • Kashif Zaman
    Partner, Osler, Hoskin & Harcourt LLP
  • Lloyd Harmetz
    Partner, Morrison & Foerster LLP

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