September 11-12, 2000
San Francisco, CA

Licensing as a Jurisdictional Mechanism

Anita Ramasastry
Professor and Associate Director
Center for Law, Commerce & Technology
University of Washington School of Law, USA

Table of Contents

1. Licensing as a Jurisdictional Mechanism
2. Licensing in Financial Services
3. What does licensing achieve?
4. Licensing provides jurisdictional hook
5. Why licensing in banking context?
6. Licensing as competing set of regulatory burdens?
7. Licensing is useful for standards are harmonized and reciprocity exists
8. E-money
9. E-Money - Micropayments on the Internet
10. Problem is the non bank provider - often the so-called "mice"
11. Example of micropayments
12. Strong incentive to regulate these entities
13. Contrast with European approach
14. European approach cont’d

Additional Materials

• Internet Resources on Self-Regulation and the Internet
• Online Alternative Dispute Resolution: An Issues Primer