Fintech is already at work all around us and it is likely that it is being used by us more often than we even realise. Individuals use fintech to access many bank services, including, online banking, paying for purchases with a smartphone using mobile wallets. Your local bank card with Visa’s contactless credentials tap-and-pay facilities […]
Fintech is a word blend of the words “financial” and “technology”. Under Trinidad and Tobago law, namely the E-Money Issuer Order, 2020, (https://www.central-bank.org.tt/sites/default/files/page-file-uploads/legal-notice-284-emoney-issuer-order-2020_2.pdf), fintech is defined as “technologically enabled financial innovation that could result in new business models, applications, processes or products with an associated material effect on financial markets and institutions and the […]
The following blog provides a high-level overview of time, time computation, limitation and compliance periods for current Trinidad & Tobago legal matters. Computing time for litigious matters Sometimes one of the first questions a client asks when they approach a lawyer (to conduct their matter) is, “Am I out of time?” Many preliminary points are […]
Continuing with some components to consider for an employment contract: Intellectual Property Rights Many workplaces are fertile ground for a lot of ideation due to, among other factors, how much problem-solving occurs at work. The work setting can be ripe for the development of inventive products and/or processes that either provide a new way of […]
Continuing with some more components to consider when preparing an employment contract: Leave entitlements – state the employee’s apportionment of leave – vacation/holiday, sickness or any other special leave e.g. study leave, bereavement leave etc. Include the conditions for each type of leave and the method of calculation of the employee’s pay during these leave […]
This an avenue for the High Court to exercise its supervisory jurisdiction over the work and activities of public bodies/authorities, inferior tribunals etc. Judicial review cannot be pursued against decisions of private entities or against superior courts. Objective The intention is not for the High Court to substitute its opinion for that of the public […]
Claimants often commence (or wish to commence) Court claims in contract or in tort. Damages are the compensation available for the Court to award to a Claimant who is successful at their claim. Objective of a damages award In tort claims, the purpose of an award of damages is to put a Claimant in the […]
Here are some useful components to consider when preparing employment contracts: The parties i.e. state the proper names of the employer and employee and other relevant particulars for e.g. addresses of the parties. Nature of the Employment Contract – state whether it’s a Fixed Term or Permanent Contract and that it is a Contract […]
Whether it is described as a pre-action protocol letter, pre-action letter, demand letter, letter before action, letter of claim or letter before claim the purpose and content is generally the same. Objective of the Pre-Action Protocol Letter Relevant disclosure is important for this letter because the objective of this correspondence is for parties to […]
This has different meanings in the legal context. Jurisdiction is an important consideration in (commercial) contracts and also when initiating court proceedings. The principle is also important in international law. Jurisdiction (as in power/authority) A court or tribunal must have the power/authority to hear or decide a case and give a particular order. A tribunal […]