Fintech in Sub-Saharan Africa: Prospects and Regulatory Issues

At a time when consumer expectations in various sub-Saharan African countries are increasing rapidly, financial technology (fintech) products and services—like virtual currencies, artificial intelligence, mobile money, online peer-to-peer lending platforms— are transforming the financial services as we know it. Many Africans, both locally and internationally, now rely on mobile payment systems to send and receive money. So many have started using mobile money to pay their bil...

Judgment Against a Foreign State Designated by the U.S. as a State Sponsor of Terrorism is Not Enough Basis for Attachment and Execution in Satisfaction of a Judgment

The Foreign Sovereign Immunities Act of 1976 (FSIA) grants foreign states and their agencies and instrumentalities immunity from suit in the U.S. courts and grants their property immunity from attachment and execution in satisfaction of judgments against them.28 U. S. C. §§1604, 1609.

In essence, FSIA determines the scope of federal and state court power over foreign states. It, however, recognizes c...

United States files WTO Complaint on China's Protection of Intellectual Property Rights

On March 23, 2018, the United States circulated a request to WTO members in consultations with the Government of the People's Republic of China ("China") pursuant to Articles 1 and 4 of the Understanding on Rules and Procedures Governing the Settlement of Disputes ("DSU") and Article 64 of the Agreement on Trade-Related Aspects of Intellectual Property Rights ("TRIPS Agreement") (to the extent...