Part 1/3 - Toronto Financial Services Alliance & Islamic Finance

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Uploaded by on Jul 22, 2010

From UFANA Conference 2010, Toronto, Canada - March 30 & 31, 2010


Catherine Chandler-Crichlow
Executive director, Centre of Excellence in Financial Services Education

Dr. Catherine Chandler-Crichlow is the executive director of the Centre of Excellence in Financial Services Education of the Toronto Financial Services Alliance. She has been an Associate Vice President -- Education and Training at TD Bank Financial Group. She then served as an executive and leadership development advisor to a number of international agencies such as the Toronto International Leadership Centre for Financial Sector Supervision, an international nancial sector development initiative funded by the Government of Canada, the World Bank and the IMF. She has overseen the design, development, delivery and evaluation of capacity building programs for nancial sector supervisors in countries
such as Brazil, Malaysia, Poland, Singapore and Trinidad and Tobago and also played a key role in the development of leadership programs for international nancial sector supervisory associations. She is an author on human capacity development and a frequent speaker on human capacity development at international conferences.



Steven Watts
Audit Partner, KPMG Canada

Steve is a KPMG Audit Partner in the Financial Institutions Practice in Toronto. He has significant experience auditing and advising banking and finance clients in Canada and internationally. His banking clients include a Schedule I Canadian bank and Schedule II banks. Steve has been involved with several successful OSFI bank applications and is currently assisting other applicants with their OSFI application. Steve is also the Canadian firm's specialist on Islamic finance and has spoken at conferences and to the media in Canada and internationally on this topic. Steve has been involved with position papers on the accounting for Islamic Finance products under Canadian GAAP and International Financial Reporting Standards. Steve is a member of KPMG's global Islamic Finance network, which was instrumental in helping KPMG be awarded the top advisory prize in the 2010 Euromoney Islamic Finance Awards. It is the third year in a row that the firm has been named Best Islamic Assurance and Advisory Services Provider. Other than KPMG Canada, Steve has worked in KPMG offices in India, Dubai and The Netherlands.



Jeffrey Graham
Partner, Borden Ladner Gervais LLP


Jeffrey Graham is a partner practising in the Toronto office of Borden Ladner Gervais LLP, where he provides regulatory and transactional advice to a number of Canadian and international financial services entities and heads the firm's Islamic Finance Focus Group. He has diverse legal experience within the financial sector in Canada and the United States. Mr. Graham began his legal practice in the financial services group of Hogan & Hartson, a Washington, D.C. law firm. Before joining Borden Ladner Gervais LLP in 1995, Mr. Graham served as Director of Legal Services for the Ministry of Financial Institutions (Ontario) and headed the financial services practice of an international public policy consulting firm based in Ottawa. He is also a member of the Executive Committee of the Toronto Financial Services Alliance and is co-chairing the TFSA Working Group on Islamic Finance. Most recently Mr. Graham has been appointed to the Ontario Minister of Finance's Advisory Council on Pension and Retirement Income. Mr. Graham received B.Comm. and B.L.C./L.L.B. degrees from McGill University and graduate degrees in international law from Cambridge University and Columbia University. He is a member of the Bars of the District of Columbia and Ontario.

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  • why is opening an islamic bank and selling islamic products so unique? why are the canadian regulators having a problem approving this?

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