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

ByMazharul Islam

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…

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Formalising micro merchants can boost the economy

ByMazharul Islam

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

ByMazharul Islam

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

ByMazharul Islam

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

ByMazharul Islam

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

ByMazharul Islam

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…

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Data protection is rising on the global agenda

ByMazharul Islam

Article 12 of the Universal Declaration of Human Rights states that everyone has the right to the protection of law against any interference with his privacy, family or correspondence. In December 2013, the United Nations General Assembly passed a Resolution demanding that the workings of state surveillance be subject to legality through clear and precise…

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Why anti-money laundering laws are failing

ByMazharul Islam

The Global Financial Integrity report predicts that Bangladesh is one of the top countries facing such crimes. According to a survey conducted by the Bangladesh Institute of Bank Management, trade based money laundering and terrorist financing is a major concern for the banking sector of Bangladesh because of the rapid expansion of foreign trade.  https://www.google.com/amp/s/www.tbsnews.net/thoughts/why-anti-money-laundering-laws-are-failing-59452%3famp…

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Access to internet to be declared as a fundamental right

ByMazharul Islam

Going against the tide, Bangladesh kept internet services suspended for quite some days, which has dealt a heavy blow to public life, industries and service sectors https://www.thedailystar.net/business/news/internet-must-be-declared-basic-human-right-3679556 Mazharul IslamMazharul Islam, Corporate Legal Practitioner, Member of Harvard Business Review  Advisory Council. He can be reached at mazhar@insightez.com insightez.com/author/mazharul/

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Copyright protection in literary and artistic works

ByMazharul Islam

Copyright law protects the interests of creators by giving them property rights over their creations against those who copy, reproduce or otherwise take or use the form in which the original work was expressed. According to Article 27 of the Universal Declaration of Human Rights, everyone has the right to the protection of the moral…