Where modules run over two terms as a 30 credit module, SIL students will attend and be assessed on the contents of term 1. Please note that some modules reflect this with an additional "A" in their module code, but this is not the case for all of them due to special assessment arrangements for SIL students.
All assessments are graded on a pass/fail basis.
BANKING LAW (LAWSG032) Credit value: 30 credits (12 ECTS)
Module Convenor:
Dr Iris Chiu (term 1)
Graham Roberts (term 2)
Assessment method for Masters students: 3-hour unseen written examination
Assessment method for SIL students: 3.000 word coursework essay
Module Overview
Module summary
The module will examine the principles that underpin the regulation of banking in the first term. It will look at international and EU bank regulation, at the structures of regulation in different jurisdictions and, in particular, at bank regulation in the UK. The module in the second term turns to the relationship between banks and customers in English Law, examining the rights and obligations of the parties before moving on to principles of the law of payment.
Aims:
to enable students to familiarize themselves with the core principles of banking law
to develop their critical faculties by evaluating the rules, policies, and principles of banking law; and
to develop their analytical faculties by identifying and resolving legal issues relating to the regulation of banks and the relationships between banks and customers
Objectives:
By the end of the module, students should be able to:
identify and understand legal issues arising in banking
obtain a thorough understanding and application of complex statutory, common law and international material.
critically evaluate the policies and values inherent in the structure of Banking Law
Module syllabus
Definition of "bank" and evolution of regulation
International banking regulation
EU banking regulation
Structure of bank regulators
Systemically Significant Financial Institutions
Recovery and resolution in banking crises
The banker-customer relationship
Duty of confidentiality
Money and payments
Recommended materials
Ellinger, Lomnicka, Hooley, Ellinger’s Modern Banking Law, Oxford: OUP, 2005
Preliminary reading
To be confirmed
Other information: N/A
Prizes for this module: There are currently no prizes available for this module.
