International Banking Law

LAWS63071 International Banking Law 30 Semester 1 Postgraduate Taught Level 6 Nazmi Akseli Unit coordinator 1 FHEQ level (Framework for Higher Education Qualifications) ' Masters/Integrated Masters P4 ' European Credit Transfer & Accumulation System Rating : 15.0 <ol><li>Banks, Banking Groups, Multi-functional banks and Interbank networks</li><li>Theories of regulation: prudential regulation and conduct of business; systemic risk; capital and liquidity requirements; banking rescues; sectoral regulators vs. single regulators vs, "twin peaks"</li><li>The regulatory architecture: Bank of International Settlements (the Basel system); the European supervisory agencies; Central Banks; financial regulators (Prudential Regulation Authority and Financial Conduct Authority)</li><li>The banker-customer relationship; regulating banking contracts; confidentiality and bank secrecy; advisory and transactional liability ("lender liability")</li><li>Payment and Payment Systems; Modes of payment; settlement, clearing and netting</li><li>Lending: terms in bank lending; default; security</li><li>Trade finance: documentary bills; letters of credit; and autonomous payment instruments (performing bonds; demand guarantees; stand-by letters of credit)</li><li>The international dimension; international banking; the single European market; regulating foreign banks; cross-border issues.</li></ol>  To introduce students to the principles of international, regional and UK baking law and practice by highlighting:1. the principal business theories2. the role of the modern multi functional banks, including investment banking, provision of credit and as a payment services providers3. banks and their role in provision of finance and facilitating trade. Upon successful completion of the module, students will gain awareness and critical understanding of:1.the main theories of banking regulation and responses to systemic risk2.the principles of the law and practice of international and domestic banking law and regulation (based on the UK's experience as a leading financial centre)3.the law and regulation of trade finance4.the international and cross border impact of banks and their regulation. Lectures 30 hrs (10 weeks x 3 hours) Seminars 4 hours per group 1 Written exam 100% N Preliminary reading:R. Cranston, "Principles of Banking Law" Oxford University Press, 2nd edition, 2002E.Ellinger, "Ellinger's Modern Banking Law Oxford University Press, 5th edition, 2011A. Hudson "The Law of Finance", Sweet and Maxwell, 2013 0 0 0