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Data protection is rising on the agenda globally

We share our personal information everyday by visiting a website, opening bank account, social media account, buying goods and services from online, registering for email, etc. without hesitation. It is matter of grave concern that some organisations not only collect personal details but also store it in insecure place and share it with third parties…

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Appropriate legal mechanism to protect trade secrets required

Trade secrets are a part of a company’s Intellectual Property (IP). The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) is the first multilateral agreement on trade secrets that requires trade secrets known as undisclosed information to be protected from unfair practices. https://www.thedailystar.net/law-our-rights/news/appropriate-legal-mechanism-protect-trade-secrets-required-1988261 Mazharul IslamMazharul Islam, Corporate Legal Practitioner, Member of Harvard Business…

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Protecting rights of performers on digital networks

The copyright protection for performers, producers of phonograms and for broadcasting organisations was recognised for the first time in 1961 under The Rome Convention.  Later on, coming into being in 1995, the Agreement on Trade Related Aspects of Intellectual Property (TRIPS Agreement), contained provisions on the protection of “related rights” – rights of performers, producers…

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In the information technology age, we need a law to protect our personal data

It is unfortunate that there is no law, regulation or guideline for ensuring data privacy in Bangladesh which is applicable for all sectors, irrespective of their nature. As a result, individuals have become concerned about the harmful consequences that may arise from the use and misuse of their information, https://www.tbsnews.net/opinion/information-technology-age-we-need-law-protect-our-personal-data-44259 Mazharul IslamMazharul Islam, Corporate Legal…

A case for adoption of cloud services and related legal framework

For the adoption of cloud service, a prior condition is to have a strong data privacy regulation in the country. Around the world, many of the data protection laws are now being updated to meet new international standards;  https://www.thedailystar.net/opinion/business-analysis/news/case-adoption-cloud-services-and-related-legal-framework-1796569 Mazharul IslamMazharul Islam, Corporate Legal Practitioner, Member of Harvard Business Review  Advisory Council. He can be…

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Formalising micro merchants can boost the economy

It is unfortunate that no law has provided any provision for obtaining trade licence for micro merchants who have no specific location of business and run business with a very small amount of capital over van, walkway etc.  https://www.google.com/amp/s/www.tbsnews.net/opinion/formalising-micro-merchants-can-boost-economy-40149%3famp Mazharul IslamMazharul Islam, Corporate Legal Practitioner, Member of Harvard Business Review  Advisory Council. He can be…

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Legalities of trade license bar financial inclusion of micro merchants

A study conducted by United Nations Capital Development Fund (UNCDF) in 2018 found that almost 20 lakh people are involved in the micro-merchant retail sector in Bangladesh and they transact more than $18.42 billion annually and interact with millions of customers every day which is the second-largest market in Bangladesh after the ready-made garments (RMG)…

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Revolutionising the financial industry through blockchain

It is said that the blockchain will fundamentally change the operations of the banking sector – just like the internet did to media. There are many areas in banking where blockchain can play a significant role.  https://www.google.com/amp/s/www.tbsnews.net/opinion/revolutionising-financial-industry-through-blockchain-41029%3famp Mazharul IslamMazharul Islam, Corporate Legal Practitioner, Member of Harvard Business Review  Advisory Council. He can be reached at…

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Cloud services: Prospects and challenges

Cloud computing has been coined as an umbrella term to describe a category of sophisticated on-demand computing services. It denotes a model on which a computing infrastructure is viewed as a “cloud” from which businesses and individuals access applications from anywhere in the world on demand. Cloud computing allows participants in blockchain transactions to remotely…

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Lifting the veil on Bangladeshi firms’ secrecy

Every year in Bangladesh, a large amount of money is being laundered thanks to the political influence and lack of proper action taken by law enforcing agencies. The incomes generated by crimes, for example – human trafficking, tax evasion, and corruption etc. are kept hidden by dint of money laundering. Lifting the veil on Bangladeshi…