Digital lecture: Monday 17 May 2021

Non-cash Payment Mechanisms under the Talmud: Interaction with Medieval Islamic Payment Instruments and Comparison with Roman Law
Benjamin Geva, Osgoode Hall Law School, York University

Time: Monday 17 May 2021, 6.00 – 7.30 p.m.


The lecture will explore the Talmudic roots of mechanisms for non cash payments and the modern law that govern them. It will address the early Medieval interaction with Islamic payment instruments against the background of basic concepts of Roman law that was the predominant global legal system in late Antiquity and the Middle Ages. It will highlight possible unexplored Talmudic contribution to the early law of banking, cheques, funds transfers and finance.

LL.B. (cum laude) (1970), Jerusalem; LL.M. and S.J.D Harvard Law School; Member of the Ontario Bar; specializing in banking, negotiable instruments, funds transfers, digital currencies, and payment and settlement systems. Professor of Law, Osgoode Hall Law School of York University, Toronto, Canada (since 1977); Counsel, payments and cards group in Torys LLP, Toronto (since 2012); founding Editor of the Banking and Finance Law Review; and author of Financing Consumer Sales and Product Defences, The Law of Electronic Funds Transfers, Bank Collections and Payment Transactions: Comparative Study of Legal Aspects, and The Payment Order of Antiquity and the Middle Ages: A Legal History. Co-author of International negotiable Instruments. Under the IMF technical assistance program he advised and drafted key financial  sector legislation, particularly payment laws, in several developing and post-conflict countries.

Writer  of numerous articles particularly on funds transfers and negotiable instruments; held numerous visiting positions in United States universities (Chicago,  Illinois,  Northwestern,  Duke  program in Hong Kong, and Utah), Australia  (Melbourne, Monash, and Deakin), Israel (Tel Aviv), Singapore (National University of Singapore), as well as in France (Aix  en  Provence)  and Germany (Hamburg);  also  held research fellowships  at Oxford, Cambridge, Max-Planck Institute for Comparative and Private  International  Law  (Hamburg)  and  New York University; member of working  groups drafting domestic and international legislation on personal property  security,  securities  transfers,  letters of credit, and payment systems.

Professor Dr. Geva is now a Senior Research Fellow at the University of Vienna as well as a Visiting Scholar at the International Trade Law Division of the United Nations Office of Legal Affairs, (the substantive secretariat of the United Nations Commission on International Trade Law (UNCITRAL), Vienna).  The lecture will draw from his work on The Payment Order of Antiquity and the Middle Ages: A Legal History (Oxford and Portland Oregon: Hart publishing, 2011)