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 services entities, including banks, insurance companies, credit unions and fintech entities. Ms. Badour is a Certified Anti-Money Laundering Specialist (CAMS).
She regularly provides advice to clients in the financial services industry with respect to compliance with consumer protection requirements, anti-money laundering requirements, prudential requirements and other regulatory requirements. She also advises with respect to regulatory matters relating to the establishment of new financial services providers and financial institution M&A and partnerships.
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 for fintech entities in connection with their initial structuring and launch;
- acting for various financial services providers in connection with the preparation and review of their compliance policies; and
- providing consumer protection advice with respect to credit cards, debit cards, prepaid cards and gift cards and loyalty programs.
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 fintech regulation, payment innovation, marketplace lending, virtual currencies and blockchain technology.
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. She has also completed the Osgoode Certificate in Regulatory Compliance and Legal Risk Management for Financial Institutions.
Ms. Badour 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.
ISDA Whitepaper on Market Infrastructure
Department of Finance Canada Launches Consultation Process to Review the Federal Financial Sector Framework
OSFI Issues Final Operational Risk Management Guideline
Anti-Money Laundering Update: FINTRAC Releases New Guideline on Identification Requirements for Individuals
Anti-Money Laundering Update: Final Amendments to Regulations to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act Released
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
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