Francesca Guolo is a partner in a business law group at Goodmans and Co-Chair of the firm’s Opinions Committee. She is a preeminent financial services lawyer with particular expertise in structured finance, securitization, derivatives, wealth management and the regulation of financial services market participants and products. Her experience spans North American and European markets and includes capital markets, restructuring and merger and acquisition transactions.
Francesca’s clients consistently rely on her insightful and practical business advice, and benefit from the breadth of her experience and perspective. She is often called upon to advise in the negotiation and execution of innovative, complex transactions driven by strategic, economic, tax or regulatory considerations. Notably, Francesca led the Goodmans legal team that represented and advised the Pan-Canadian Third Party Asset-Backed Commercial Paper Investors Committee in the successful restructuring of the C$32 billion non-bank sponsored asset-backed commercial paper market in Canada.
Francesca’s clients include domestic and international regulated financial institutions, broker-dealers, securities advisers, asset managers, mortgage lenders and financing companies as well as providers of back-office financial services and solutions, FinTech entrepreneurs, corporations, hedge funds and investment funds, federal and provincial governments, governmental agencies and crown corporations, financial services industry organizations, private family offices and high net worth individuals.
Francesca has been recognized as a leading lawyer in the following publications:
- Best Lawyers in Canada (Derivatives Law) 2023, 2022, 2021, 2020, 2019 and 2018
- Best Lawyers in Canada (Mergers and Acquisitions Law) 2023, 2022, 2021, 2020
- Best Lawyers in Canada (Securities Law) 2023, 2022, 2021, 2020
- Best Lawyers in Canada (Corporate Law) 2023, 2022
- Best Lawyers in Canada (Structured Finance Law) 2022
- Who’s Who Legal (Capital Markets - Structured Finance), 2021 (and since 2014)
- Euromoney’s Guide to the World’s Leading Women in Business Law Expert Guide (Structured Finance and Securitisation), 2021 (and since 2016)
- Euromoney’s Banking, Finance and Transactional Expert Guide (Structured Finance and Securitisation), 2021 (and since 2016)
- The Canadian Legal Lexpert Directory (Consistently Recommended - Derivatives), 2022 (and since 2014)
- The Canadian Legal Lexpert Directory (Repeatedly Recommended - Corporate Finance), 2022 (and since 2014)
- Lexpert Special Edition: Canada's Leading Finance and M&A Lawyers (M&A) 2022, 2021, 2020
Francesca advises clients on novel, state-of-the-art securitization transactions and programs. She has advised on a global diamond inventory securitization and online supply chain trade receivables program, among others. She also assists clients to negotiate and execute financial and commodity derivative transactions and to comply with evolving regulatory requirements imposed upon swap participants.
Francesca assists clients in establishing and maintaining legally compliant operations in Canada and successfully navigating transactions and circumstances attracting regulatory involvement or oversight.
Francesa regularly advises on matters of governance and regulatory compliance. Her governmental and regulatory clients seek her assistance in developing legislation, regulation, policies and programs, including Canada’s registered covered bonds regime and bank resolution planning.
Awards & Recognition
Best Lawyers in Canada Recognized: Corporate Law, Derivatives Law, Mergers and Acquisitions Law, Securities Law 2023
Who's Who Legal Recommended National Leader, Capital Markers 2022
Euromoney's Guide to the World's Leading Women in Business Law Recognized, Structured Finance and Securitisation 2022
Legal Media Group's Expert Guides Recognized, Banking, Finance and Transactional 2022
Best Lawyers in Canada Recognized: Corporate Law, Derivatives Law, Mergers and Acquisitions Law, Securities Law, Structured Finance Law 2022
Lexpert Special Edition: Finance and M&A Recognized - Canada's Leading Finance and M&A Lawyers 2022
Francesca has served as a board member of a number of profit and not-for-profit corporations, including a wholly-owned Canadian financing subsidiary of a global bank. Currently, she is a member of the Board of Advisors of both St. Augustine’s Seminary and ShareLife.
- Osgoode Hall Law School, 2020, Regulatory Compliance and Legal Risk Management for Financial Institutions Certificate
- Osgoode Hall Law School, LL.B., 1987
- University of Toronto, B.A., 1984
- Law Society of Ontario
- Toronto Opinions Group
- Canadian Bar Association
- Ontario Bar Association
Call to Bar
- 1989 Ontario
Capital MarketsThe Canadian Securities Administrators (“CSA”) and the Investment Industry Regulatory Organization of Canada (“IIROC”) have released a joint Staff Notice 23-329 (the “Staff Notice”) seeking feedback…
Financial Services Regulatory
IIROC Issues Guidance on Short Sale Orders and the Reasonable Expectation to Settle Resulting TradesOn August 17, 2022, the Investment Industry Regulatory Organization of Canada (IIROC) issued Notice 22-0130 Guidance on Participant Obligations to have Reasonable Expectation to Settle any Trade…
Financial Services RegulatoryOn March 16, 2022, the Financial Services Regulatory Authority of Ontario (FSRA) initiated a consultation on its proposed Principles-Based Regulation Approach Guidance (the “Proposed PBR Guidance…
Structured Finance and DerivativesFrancesca Guolo, Mark Surchin, Brian Empey and Jon Northup co-authored the Canada Chapter of The Law Reviews' Securitisation Review 3rd Edition. The Securitisation Law Review provides legal…
TechnologyOn September 23, 2021, the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) provided detailed guidance directed at the marketing practices…
Banking and Financial ServicesOn April 30, as part of the 2021 federal budget, Canada’s Deputy Prime Minister and Minister of Finance (the “Minister”) introduced Bill C-30, An Act to implement certain provisions of the budget…
News & Events
We are pleased to share Goodmans lawyers have been recognized across several Expert Guides 2022 editions. Recognition from Expert Guides is based on peer review, and demonstrates our lawyers…
Private Equity and Venture CapitalGoodmans is delighted to announce we have been recognized by the 2023 edition of Best Lawyers in Canada with 101 lawyers ranked across 41 practice areas.Congratulations to Dale H. Lastman, C…
We are delighted to announce 100+ Goodmans lawyers have been ranked in the Best Lawyers Canada - 2022 Edition!Congratulations to our partners, Monique McAlister and Neil Sheehy who have both been…