Jan. 9, 2023

Professor and alumnus featured in special issue of Banking and Finance Law Review

Professor Ryan Clements and alumnus Duncan Pardoe, JD'22 published pieces in the 4th special fintech edition of the Banking and Finance Law Review.

Professor Ryan Clements co-authored the "Introduction to the Fourth Annual Special Issue on Fintech" with Virginia Torrie and Aurelio Gurrea-Martínez. The issues covers some of the new challenges in fintech, including the exponential growth of blockchain-based finance, the adoption of new approaches and regulations to deal with open banking, the collapse of crypto exchanges, and the need to promote a more sustainable financial system.

Duncan Pardoe's article, "The Merits of Token Capital Raises," was the winner of the journal's Law Student FinTech Writing Program. Duncan argues that crypto assets - namely tokens - can deliver regulatory arbitrage benefits in Canada, and can create value by reducing agency costs, enhancing internal risk and liquidity management practices, and provide investors with a new array of customized investment products, while keeping an eye on potential systemic risks. 

The Banking & Finance Law Review is a publication from Thomson Reuters.