Unit name | Banking Law |
---|---|
Unit code | LAWDM0005 |
Credit points | 30 |
Level of study | M/7 |
Teaching block(s) |
Teaching Block 4 (weeks 1-24) |
Unit director | Miss. Powley |
Open unit status | Not open |
Pre-requisites |
None |
Co-requisites |
None |
School/department | University of Bristol Law School |
Faculty | Faculty of Social Sciences and Law |
Banking Law has traditionally involved studying the legal relationships between banks and their customers, which rests on well-established rules of common law and statutory provisions. This unit will assess the traditional law, including banker-customer relationships, methods of payment, developments in duties of care, and constructive trusts. However, as the financial world has been so volatile during recent years, Banking Law has evolved considerably. The unit will explore bank regulation in detail, examine the underlying rationale for regulation and supervision, and critically analyse the operational efficiency and effectiveness of the UK bank regulatory regime, considering the Northern Rock crisis and the significant changes introduced following the financial crisis. The new focus on banking culture and standards will be addressed on this course, as well as the impact of the technological evolution on payment methods and banking practices.
This unit is principally concerned with domestic banking law in the United Kingdom, however aspects are clearly relevant to law and practice in other countries.
By the end of the unit, a successful student will be able:
Students should be able to accurately state the applicable law, develop their own perspectives on the issues addressed on the Banking Law unit and identify the key aspects of the regime.
This unit is taught by way of 20 lectures (approx.), 10 two-hour seminars and 2 assessment preparation and feedback sessions. Lectures are delivered jointly to students on the related undergraduate unit.
Summative: a 2000 word essay (33%) will assess the candidate's ability to research a topic within the scope of this unit. The remaining Intended Learning Outcomes will be assessed in a 3 hour written examination (67%). Both assessments will assess all of the Intended Learning Outcomes for this unit in the context of topics selected by the examiners.
Formative: students should do one formative assessment (this will usually be 1 x 1500 word essay).