In 2017, Canada won the dispute against the US-based pharmaceutical company Eli Lilly in investor-state arbitration (ISA). Foreign investors can sue sovereign governments in ISA in case of mistreatment, such…
Category: Financial
Towards an EU-wide strategy on Fintech
The re-posting of this article is part of a cross-posting collaboration with MediaLaws: Law and Policy of the Media in a Comparative Perspective. On March 23 the European Commission organized…
Fintech - Stake a Patent Claim?
OVERVIEW Similar to other traditional industries, a digital revolution for financial services is underway. Financial technology, or ‘‘FinTech,” is an accelerating technical sector gaining in popularity with both traditional financial…
German Regulator Finds Banks’ Data Rules “impede non-bank competitors”
The re-posting of this article is part of a cross-posting agreement with CyberLex. “Open Banking” is an emerging term in financial services / financial technology that refers, among other things,…
Life After BitCoin: The Future of Banking May Be in the Blockchain
Introduction In the past 6 months, the US Patents & Trademark Office (USPTO) has published more than 200 patent applications filed by Bank of America, Goldman Sachs, JPMorgan Chase and…
Canadian Banking Industry Releases Payments Security White Paper
The re-posting of this article is part of a cross-posting agreement with CyberLex. The Canadian banking industry recently released the Payments Security White Paper, prepared by the six largest Canadian…