The New Virtual Money: Law and Practice

by Olivier Hance and Suzan Dionne Balz

In a world of fading borders, the Internet has become a regular method of buying and selling. However, technological and legal means of guaranteeing secure electronic transactions lag behind the increasing flexibility required by a flourishing virtual ecomy. Furthermore, as virtual money circulates it is susceptible to interception, processing and channeling by any number of corporate interests and public authorities. The questions arise: who is going to control what and why? There are, as yet, firm answers. This book sets the stage and takes the necessary first steps towards developing a reliable legal regime for virtual money. Its purpose is: to analyze the legal issues raised by internet payment systems, and to explain clearly the solutions already adopted; and to discuss policy issues, with available hypotheses, raised by the convergence of financial services and information technology, and by the advent of virtual money. The authors provide a rigorous assessment of the appropriateness of the relevant existing legal instruments that regulate Internet payment systems, and focus in particular upon the rapidly increasing use of electronic cash – on smart cards or in the form of dematerialized electronic tokens – which behaves like cash, in that it can circulate between parties without the intermediation of a financial institution. The text aims to help lawyers, policymakers and business people successfully negotiate the radical transformation under way in all sectors of business and industry.

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Business and Law on the Internet

by Olivier Hance

A book that for the first time ever analyses and compares European, North American and international on-line law. Prepared by a team of experts from seven countries, 100,000 pages of case law have been digested into this first and indispensable tool for understanding the legal implications of carrying out on-line activity. Written in a question and answer format and incorporating twenty standard contracts for access providers, advertisers, electronic commerce, Web Page construction, marketing, lobbying and more, this is a vital tool for decision makers, professionals and consumers alike.

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Find out more… Connectiong the World of Tax & Law

collaboration of Olivier Hance is the first online community designed and created exclusively for international tax, corporate and legal professionals.

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collaboration of Olivier Hance

The FINTECH Book is your primary guide to the financial technology revolution, and the disruption, innovation and opportunity therein. Written by prominent thought leaders in the European, UK and Hong Kong fintech investment space, this book aggregates diverse industry expertise into a single informative volume to provide entrepreneurs and investors with the answers they need to capitalize on this lucrative market. Key industry developments are explained in detail, and critical insights from cutting-edge practitioners offer first-hand information and lessons learned.

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Handbook of Gestational Surrogacy

co-authored by Olivier Hance

Prof. Dr. Olivier Hance, Co-author of Handbook of Gestational Surrogacy. International Clinical Practice and Policy Issues, Cambridge, Cambridge University Press, August 2016. See notably: O.P. Hance & A. Becheickh, chapter 26, “Reproductive Surrogacy in the Grand-Duchy of Luxembourg”

There is an increasing demand for gestational surrogacy in current reproductive medicine practice. Infertile couples often engage overseas surrogates, which increases the risk for legal and ethical complications. This book provides clinical guidance on the provision of gestational surrogacy on a worldwide basis, with brief summaries of the legal position within countries where it is offered. This volume provides a comprehensive overview of surrogacy for clinicians, counsellors, attorneys, legislators and anyone interested in reproductive health policy by filling an immediate niche as a resource for those interested in third-party reproductive treatments.

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