Courses / Module

BANKING AND FINANCIAL LAW

Module code: LW453
Credits: 10
Semester: 1
Department: SCHOOL OF LAW AND CRIMINOLOGY
International:

	Overview
	This module will introduce students to the fundamental legal principles which govern the relationship between banks, their customers and third parties in the retail banking context. It will draw on both private commercial and public regulatory law including contract law, equity, property law and the statutory frameworks which govern the provision of financial services including bank accounts, payment services and various forms of credit. (Any aspect of this module may be changed in any given academic year, subject to the discretion of the module lecturer.)

Overview

This module will introduce students to the fundamental legal principles which govern the relationship between banks, their customers and third parties in the retail banking context. It will draw on both private commercial and public regulatory law including contract law, equity, property law and the statutory frameworks which govern the provision of financial services including bank accounts, payment services and various forms of credit.

(Any aspect of this module may be changed in any given academic year, subject to the discretion of the module lecturer.)

	Learning Outcomes
	On successful completion of the module, students should be able to: Analyse the sources and scope of the duties and obligations which govern the legal relationship between a bank and its customer; Evaluate the rights and obligations of these parties in relation to such matters as confidentiality and the giving of financial advice; Identify the rights and obligations created by paper and electronic payment mechanisms, the statutory protections available to paying and collecting banks; Outline the key principles relating to the law of securities and guarantees and analyse the impact of insolvency on the enforcement of security by banks; Assess the potential liability of the bank and its customers to claims and the ability of third parties to interfere in the privity of the banking relationship.

Learning Outcomes

Teaching & Learning methods

Assessment

	Autumn Supplementals/Resits
	Are supplemental/resit registrations permitted? Yes 40% pass mark. Continuous assessment mark carried forward. � University Scheduled written examination (Autumn): 120 minutes � Continuous assessment (Autumn): as notified by lecturer University scheduled written examination (Autumn): 120 minutes, On-campus

Timetable

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Courses / Module

BANKING AND FINANCIAL LAW

Semester 1

Semester 2