LLAW3232 Banking and Finance Law

2017

4.5

1 x 1-hour seminar weekly

1 Admission into BLAWLP-Bachelor of Laws and Legal Practice
1a Admission into BLAWLPG-Bachelor of Laws and Legal Practice (Graduate Entry)
1b Admission into BLAWLPR-Bachelor of Laws and Legal Practice
1c Admission into BLAWLPRG-Bachelor of Laws and Legal Practice (Graduate Entry)
1d Admission into BLAWLPRH-Bachelor of Laws and Legal Practice (Honours)
1e Admission into BLAWLPRGH-Bachelor of Laws and Legal Practice (Graduate Entry) (Honours)
2 18 units of second year LLAW topics
3 ^ 1 of BUSN2042, BUSN2018
4 Admission into BCOM-Bachelor of Commerce
4a Admission into BBIF-Bachelor of Banking and International Finance
4b Admission into BSCB-Bachelor of Science and Business
4c Admission into BBUS-Bachelor of Business
4d Admission into BCOMAC-Bachelor of Commerce (Accounting)
4e Admission into BCOMAF-Bachelor of Commerce (Accounting/Finance)
4f Admission into BCOMAL-Bachelor of Commerce (Advanced Leadership)
4g Admission into BCOMFE-Bachelor of Commerce (Finance/Economics)
4h Admission into BCOMFN-Bachelor of Commerce (Finance)
4i Admission into BCOMWS-Bachelor of Commerce
4j Admission into BBUSAL-Bachelor of Business (Advanced Leadership)
4k Admission into BBUSBE-Bachelor of Business (Business Economics)
4l Admission into BBUSEN-Bachelor of Business (Entrepreneurship)
4m Admission into BBUSHR-Bachelor of Business (Human Resource Management)
4n Admission into BBUSIB-Bachelor of Business (International Business)
4o Admission into BBUSMG-Bachelor of Business (Management)
4p Admission into BBUSMK-Bachelor of Business (Marketing)
4q Admission into BBUSWS-Bachelor of Business
Must Satisfy: (((1 or 1a or 1b or 1c or 1d or 1e) and 2) or (3 and (4 or 4a or 4b or 4c or 4d or 4e or 4f or 4g or 4h or 4i or 4j or 4k or 4l or 4m or 4n or 4o or 4p or 4q)))

LLAW3066 has been successfully completed

This topic provides an analysis of the structure of Australian banking and finance regulation and the financial institution/customer relationship. It provides students with an understanding of the uses and legal requirements for negotiable instruments including cheques, bills of exchange and promissory notes. It explores customer finance and protection instruments from the legal aspect. The topic also discusses special issues such as electronic banking, legal enforcement and recovery of finance and international regulation.

The topic aims to:

• develop students' commercial law understanding and provide them with knowledge of the regulatory systems existing in the Australian banking and finance industries
• extend students' understanding of legal theory and practice by contemplating the financial institution/client relationship
• develop students' skills in discussing complex and detailed case law and statutory interpretation
• develop students' skills in problem solving in a legal environment
• advance students' skills in independent study and research
• develop an appreciation by students of the positions held by lawyers, clients, advisors, financiers and bankers

Students completing Banking and Finance Law will have the ability to:

• describe the regulation of banking both in Australia and overseas
• analyse the legal implications of the use of many financial instruments
• carry out independent research in an advanced legal area
• effectively convey their findings from research in an advanced legal area
• apply their specialist knowledge on day to day banking issues like the use of cheques, the use of EFTPOS and other electronic banking products