Lawyer Profile
Pat Forgione
Toronto, Ontario
Overview
Pat Forgione practises business law in the financial services industry, acting for domestic and foreign financial institutions on domestic and cross-border transactions. His expertise includes corporate and commercial financing, asset-based lending, syndicated lending, mezzanine financing, private equity and securitization. Pat has significant industry-specific knowledge in the automotive and technology sectors.
Financial institutions trust Pat’s counsel on the regulatory requirements relating to carrying on business in Canada, as well as ongoing compliance matters. His experience includes obtaining regulatory approvals for the establishment of operations in Canada by foreign banks, and ongoing regulatory capital requirements. Pat holds a certificate in regulatory compliance and legal risk management for financial institutions from Osgoode Hall.
Pat also works with automotive finance companies in connection with consumer finance matters, routinely providing advice on consumer protection relating to retail finance and leasing programs. He also counsels on the establishment and ongoing operation of wholesale dealer financing programs.
Two common financing methods for start-ups and early-stage companies are convertible debentures and SAFEs. Each one has important advantages and disadvantages.
The FinTech industry in Canada was impacted by significant regulatory developments in 2023. Explore the key updates in our year-in-review summary.
On November 21, 2023, the Government of Canada released its 2023 Fall Economic Statement. The Economic Statement announced the federal government's intention.
The results are in: Canadians’ understanding of open banking is low, according to the Financial Consumer Agency of Canada (“FCAC”).
This bulletin provides an overview of the Bank of Canada’s new retail payments supervisory framework.
Practice Areas
Bar Information
Called to the bar: 1997 (ON)