|Law of Banking - JURD7333|
The Law of Banking provides an introduction to relevant legal principles and to aspects of the practice of banking. The course is concerned directly with the relation of banker and customer and with contemporary transactional techniques.
Central to a traditional view of the subject are the rights and duties of bankers and customers, generally, and in relation to the issuing and presentation of cheques. This course will address bills of exchange, as a foundational financial instrument, but not cheques which are declining in importance. It also addresses the more important contemporary banking instruments and transactions, such as syndicated lending, derivatives, project finance, and asset securitisation.
Recommended Prior Knowledge
No expertise is required beyond that in compulsory law subjects: Contracts and Torts will be found to be of particular relevance.
The objectives of the course are to acquaint students with the rationale for competition law, and give them an understanding of key statutory provisions and case law to provide practical understanding of competition law and policy.
Students will be required to develop sufficient working understanding of the areas of law to which they are introduced to be able to advise in the resolution of problems and the planning of strategies.