Banking Legal Environment
This course aims to provide an understanding of the latest developments in law and practice relating to the banking industry. The legal framework of banks will be analysed. It will also be shown whether the rights of creditors and contract enforcement have an effect on the development of banks. It aims to enable students to identify and understand the principles of law relevant to banking, in order to apply them in practice. Upon the completion of the course, students shall acknowledge the legal framework of banks and banking regulation in different jurisdictions. Additionally, they shall understand issues relating to disputes, contracts, customer service, self regulation and property, as well as cross-border differences in the legal rights of creditors. Finally, the aim of the course is to enable the connection between banking development and the rights of creditors and the efficiency of contract enforcement.