Overview

Banks play a critical role in our society and underpin our economy. The products and services offered by banks are utilised by most businesses and individuals, so most members of society are interacting and engaging with banks. An understanding of the regulatory and legal framework that governs the operation and … For more content click the Read More button below. Topics covered in this unit include: the system of banking regulation in Australia; banking law reforms after the Global Financial Crisis; legal aspects of the "banker-customer" relationship, confidentiality and privacy of customer data; consumer protection laws, including in the context of lending to consumers; lending, including both secured and unsecured lending and the use of different types of property to secure loans; negotiable instruments; electronic banking and payments; emerging regulatory challenges for industry and government, technological innovation and disruption to traditional banking practices, such as FinTech.

Contacts

Chief Examiner(s)

Mr Matt Nichol

Unit Coordinator(s)

Mr Matt Nichol

Notes

This unit is not offered in 2020.

Assessment summary

Within semester assessment: 40% + Examination: 60%

Workload requirements

Workload