Band 4
Up and Coming
About
Provided by Eli Monas
Practice Areas
Eli’s practice focuses on corporate law and regulatory issues relating to financial institutions, advising both Canadian and international financial institution clients. With industry experience including a six-month secondment to the Legislation and Approvals Division at the Office of the Superintendent of Financial Institutions in 2017-18, Eli brings particular knowledge of bank and insurance regulation, consumer protection and payments to his counsel.
Chambers Review
Canada
Eli Monas regularly assists with the regulatory aspects of M&A transactions in the banking sector. His client roster includes prominent banks, credit unions and non-bank financial services companies. He is based in Toronto.
Eli Monas is an up-and-comerwith a growing reputation for his expertise in the insurance sector. He notably assists with regulatory insurance and reinsure matters.
Strengths
Provided by Chambers
"Eli Monas has excellent technical skills and understanding of the industry and of the regulators."
"Eli Monas provides excellent advice and is a pleasure to work with."
"Eli Monas is an excellent advisor.He is knowledgeable, pays incredible attention to details and provides almost immediate responses to any queries."
"He demonstrates strong legal and regulatory knowledge, alongside having important contacts across the industry."
"He offers excellent communication skills and timely responses."
"Eli Monas has excellent technical skills and understanding of the industry and of the regulators."
"Eli Monas provides excellent advice and is a pleasure to work with."
"Eli Monas is an excellent advisor.He is knowledgeable, pays incredible attention to details and provides almost immediate responses to any queries."
"He demonstrates strong legal and regulatory knowledge, alongside having important contacts across the industry."
"He offers excellent communication skills and timely responses."
Articles, highlights and press releases
2 items provided by Torys LLP
In pursuit of a climate change risk framework for Canada’s financial institutions
While COVID-19 occupied the attention of governments, businesses & the public in 2020, ESG issues & climate change continued to receive significant attention. Here we discuss the gathering momentum of activity toward a climate change risk regulatory framework for the financial sector in Canada.
Torys Quarterly: The next generation of regulatory capital has arrived in Canada
Several Canadian banks have recently issued “limited recourse capital notes” in public offerings to institutional investors. This article highlights the structure of LRCN’s, plus their associated regulations and practical considerations for the financial services sector.
In pursuit of a climate change risk framework for Canada’s financial institutions
While COVID-19 occupied the attention of governments, businesses & the public in 2020, ESG issues & climate change continued to receive significant attention. Here we discuss the gathering momentum of activity toward a climate change risk regulatory framework for the financial sector in Canada.
Torys Quarterly: The next generation of regulatory capital has arrived in Canada
Several Canadian banks have recently issued “limited recourse capital notes” in public offerings to institutional investors. This article highlights the structure of LRCN’s, plus their associated regulations and practical considerations for the financial services sector.