Law School Module Details
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title ASPECTS OF BANKING LAW
Code LLAW107
Coordinator Dr J Zrilic
Law
J.Zrilic@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2021-22 Level 7 FHEQ Whole Session 15

Aims

The specific aims of this module are to ensure that students can: Understand the legal principles applying to banking activities Appreciate the broader economic, political, and economic implications of banking law Carry out research in the field of banking law Recognise and describe the practical effects and commercial significance of legal rules relating to banking.

Learning Outcomes

(LO1) Demonstrate thorough knowledge of the legal principles underpinning banking law

(LO2) Demonstrate criticla awareness of the broader economic, political, and legal implications of banking law.

(LO3) Locate and handle appropriate legal and nonlegal materials.

(LO4) Carry out research in the field of the law relating to banking law.

(LO5) Conduct effective research, including the use of legal information retrieval systems, to locate and collate information about the law applicable in a given situation.

(LO6) Demonstrate an ability to analyse and present materials.

(S1) Critical analysis appropriate for advanced level masters study.

(S2) Problem-solving skills applicable to complex theoretical and practical contexts.

(S3) Time management and prioritisation skills by working to deadlines.

(S4) Individual and group communication skills by presentations in an online environment (e.g. the virtual classroom).

(S5) Take responsibility for independent learning agenda.

(S6) Reading, analysing and synthesising diffeent viewpoints, becoming familiar with different viewpoints and presenting findings/conclusions in clear comprehensible, structured format.

(S7) Critical skills with regard to the merits of particular arguments and making reasoned choices between alternative solutions or arguments in all modules and dissertation.

Syllabus
 

1 Week 1: Introduction to banking law Topics : The UK banking system Sources of banking law Legal definition and privileges of banks Protection of consumers Control of money laundering Week 2: Regulation of banking activities Topics : The need for controls Regulation and supervision in the UK Financial Services and Markets Act 2000 European Directives and the single passport Banking Act 2009 Week 3: The bank and its customers Topics : Contractual relationship of banker and customer Fiduciary duties of a bank Issue of undue influence Duty of care in contract and tort Duty of confidentiality Week 4: Negotiable instruments Topics : Features of negotiable instruments Cheques as negotiable instruments Crossing and its effects Holder's duties in respect of cheques Bills of exchange other than cheques Week 5: Legal rules relating to payments Topics : Bank's duty to pay cheques Liability for wrongful payment Common law defences Statutory protection Customer remedies Week 6: E lectronic payment systems Topics : Introduction and basic concepts Electronic clearing systems International money transfers Legal aspects of money transfer Time of payment and countermand Week 7: Financing and loans Topics : Overdrafts and loans Legal nature of overdrafts Bank loans Syndicated loans Lender liability Week 8: Securities for bankers' advances Topics : General principles of securities Mortgages over land Proprietary securities over goods Securities granted by companies Choses in action as security

Teaching and Learning Strategies

Teaching Method 1 - Online Discussions Description: Weekly Onlind Discussions and Assignments in Virtual Classroom

Teaching Schedule
  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours             0
Timetable (if known)              
Private Study 150
TOTAL HOURS 150

Assessment
EXAM Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
             
CONTINUOUS Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
Indivdual Projects There is a resit opportunity. Standard UoL penalty applies for late submission. This is not an anonymous assessment. Assessment Schedule (When) :Whole session  Weeks 4,6    5       
Final Project There is a resit opportunity. Standard UoL penalty applies for late submission. This is not an anonymous assessment. Assessment Schedule (When) :Week 8      30       
Discussions Question Standard UoL penalty applies for late submission. This is not an anonymous assessment. Assessment Schedule (When) :Whole Session  Weeks 1-8    15       
Replies to fellow classmastes discussion question postings There is a resit opportunity. Standard UoL penalty applies for late submission. This is not an anonymous assessment. Assessment Schedu  Weeks 1-8    15       
Hand-in assignments There is a resit opportunity. Standard UoL penalty applies for late submission. This is not an anonymous assessment. Assessment Schedule (When) :Whole Session  Weeks 2,3,5,7    35       

Recommended Texts
Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.

Other Staff Teaching on this Module
Ms LE McManus School of Law and Social Justice L.E.Mcmanus@liverpool.ac.uk

Modules for which this module is a pre-requisite:
 

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):
 

Co-requisite modules:
 

Programme(s) (including Year of Study) to which this module is available on a required basis:
 

Programme(s) (including Year of Study) to which this module is available on an optional basis:
 

Additional Programme Information