Lawyer Profile Detail
AREA OF EXPERTISE
Osgoode Hall Law School
Ana Badour is a partner in our Financial Services Group in Toronto. Her practice focuses on regulatory and compliance issues relating to financial institutions and the payments industry. Ms. Badour is a Certified Anti-Money Laundering Specialist.
Ms. Badour provides advice to banks, insurance companies, credit unions, non-bank lenders and payment entities on regulatory compliance matters, including with respect to consumer protection, anti-money laundering/ counter-terrorism financing and prudential requirements. She also advises with respect to regulatory matters relating to the establishment of new financial institutions and financial institution M&A.
Ms. Badour completed a six-month secondment with a major Canadian financial institution, during which time she advised on matters relating to mobile payments.
Ms. Badour’s recent representative work includes:
- acting for a foreign bank in connection with the bank’s establishment of a Schedule III branch;
- acting as counsel to the purchaser in connection with the acquisition of a credit union;
- acting as counsel to the lenders in connection with a cross-border intraday credit facility to Canadian banks;
- acting for banks, insurance companies and other financial institutions in connection with the preparation of compliance policies; and
- providing consumer protection advice with respect to credit cards, debit cards, prepaid cards, and other financial products.
Ms. Badour also acts for financial institutions and borrowers on lending transactions, including senior and subordinate loans, cross-border transactions, restructurings, acquisition financings, as well as asset-based lending transactions.
Ms. Badour is a frequent speaker and writer on various topics related to her practice areas, including mobile payments, marketplace lending and virtual currencies.
Ms. Badour obtained her LLM in Banking and Financial Law from Boston University in 2014, with concentrations in International Banking and Financial Law and in Compliance Management. She was the recipient of the Award for Academic Excellence in Banking and Financial Law, for the highest cumulative GPA in the class.
Ms. Badour also received her B. Math (Operations Research) from the University of Waterloo in 2000, and her LLB from Osgoode Hall Law School in 2003. She was called to the Ontario bar in 2004.
Federal Government Introduces Bail-In Legislation: Bill C-15
Government of Ontario Proposes Changes to Consumer Protection Legislation, Payday Lending Legislation and Collections Legislation
Review Panel Recommends Creation of New Ontario Financial Services Regulator
Anti-Money Laundering Update: Proposed Amendments to the Regulations to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act Issued
Government of Ontario Proposes Additional Regulation of Alternative Financial Services and Debt Collection
Bank of Canada Announces Updates to Emergency Lending Policies
Insurance Changes in Ontario Budget
Budget 2015: Financial Institutions Update
Updated Code of Conduct for the Credit and Debit Card Industry in Canada
Draft Federal P&C Insurer Demutualization Regulations Issued
Transactions & Cases
RIA Telecommunications of Canada Inc. and Euronet Worldwide, Inc. acquire XE Corporation
Q9 Networks completes C$1.1 billion sale to investor group
CIBC completes C$175 million loan facility for Catalyst Paper
Norbord completes US$240 million high yield note offering
PLZ Aeroscience acquires substantially all of Assured-Packaging's business, assets and properties
Le Château completes C$70 million revolving credit facility
Boralex, Gaz Métro and Valener complete C$725 million non-recourse project financing
Atlantic Power completes C$1.1 billion acquisition of Capital Power Income L.P.
Innergex Renewable Energy completes increase to C$350 million and extension of its existing corporate credit facilities
OM Group acquires Vacuumschmelze GmbH & Co. KG