Reframing a regulatory file the industry had given up on.
A major Canadian bank faced a regulatory framework that, as drafted, would have imposed billions in operational cost without policy benefit. Industry-wide engagement had stalled.
Adelaide rebuilt the policy case from first principles, identified the three departments where decision authority actually sat, and led an 11-month engagement strategy with senior officials and ministerial offices.
- ✦Material amendments secured before final regulation
- ✦Estimated 8-figure annual cost avoidance
- ✦Mandate continued through three subsequent files