An Act to amend the Criminal Code Bill-C-274 (the Bill) entered first reading in the House of Commons on May 11, 2021. The Bill would amend1 the definitions of “criminal rate” and “interest” in subsection 347(2) of the Criminal Code, while also repealing section 347.1, which had allowed certain exceptions for payday loans. The Bill will be […]
Last February 11, 2021, the Margill Team held a webinar to introduce the new features of the Margill Loan Manager software, version 5.2. For those who have missed it or if you wish to see it again, here it is:
Osler law firm offers an excellent article regarding the London Interbank Offered Rate (LIBOR) which will eventually end. And even in these difficult times of the COVID-19 pandemic, there is no suggestion that LIBOR’s end will be delayed and should end, as expected, on December 31, 2021. A text by Andrew G. Herr, Lisa Mantello […]
Financial institutions, including banks, asset/fund managers and insurers, as well as established FinTech businesses and start-ups, have been presented with major disruptive events with the advent of COVID-19 and national lockdowns, and with the impending risk of global or regional recessions. In May and June, a group of attorneys from the law firm Norton Rose […]
A host of new features have been introduced with the launch of Margill Loan Manager 5.1. New features are fun but you need to know they exist. We’ve hosted a 30-minute webinar in which we have explored these new functions.
In order to have an even better idea of what Margill Loan Manager can do for you, we have added 3 new videos: The first one offers an overview or the Main Window and how you can customize it for your own needs: Main Window Overview and Customization In the second one, we look into […]
In 2008, Marc Gelinas, CEO of Jurismedia Inc., developer of Margill interest and loan servicing solutions, published the White Paper in the Real Estate Law & Industry Report titled “The Lost Art of Interest Calculation”. Since then, more has been learned and lending practices have evolved thus this major update. The White Paper deals with […]
Most companies have seen their business operations seriously affected by the COVID-19 pandemic and the various government measures taken to mitigate its impact on the population. Companies have to contend with various issues in the short, medium and long term, such as the closure of many companies’, clients’ and suppliers’ places of business, restricted opening […]
As companies worldwide continue to assess and react to the outbreak of COVID-19, the consequences of the virus are increasingly having an impact on businesses on a global scale. An interesting article to read here.
Your credit score — that all-important passport within the financial world — may be about to change. And it won’t necessarily be because of anything you did or didn’t do. Read this article by Tara Siegel Bernard in the New York Times.