LAWS 3007 Banking and Securities Law

This is an archived copy of the 2021-2022 catalog. To access the most recent version of the catalog, please visit https://hbook.westernsydney.edu.au.

Credit Points 10

Legacy Code 200697

Coordinator John Juriansz Opens in new window

Description This unit examines the banker customer relationship, the taking and enforcement of security for credit, and the regulation of banks and non bank financial institutions nationally and internationally. Examined are 1. secured financing, 2. the regulation of bank solvency: central banks and the Bank for International Settlements, 3. Infrastructure of financial markets, 4. International financial instruments.

School Law

Discipline Business and Commercial Law

Student Contribution Band HECS Band 4 10cp

Check your HECS Band contribution amount via the Fees page.

Level Undergraduate Level 3 subject

Pre-requisite(s) LAWS 3045

Learning Outcomes

On successful completion of this subject, students should be able to:
  1. Demonstrate comprehensive knowledge of the field and explain, identify and critically evaluate the key concepts, policies and issues on defined topics.
  2. Apply an understanding of the relevant legal concepts and aspects of policy analysis to analysing and solving practical problems and theoretical legal issues in a clear, logical and effective way.

Subject Content

1.The Australian financial system and its relationship to the international financial system.
2.The implications of the banker-customer relationship.
3.Secured financing (law relating to the granting, acceptence, and guarantee of securities, letters of credit and the like)
4.International funds transfers
5.Impact of the Personal Properties Securities Act
6.Bank capital adequacy requirements
7.Infrastructure and clearance systems.
8. Financial instruments
9. Securitisation
10.Derivatives (Options and Futures, SWAPS)

Assessment

The following table summarises the standard assessment tasks for this subject. Please note this is a guide only. Assessment tasks are regularly updated, where there is a difference your Learning Guide takes precedence.

Item Length Percent Threshold Individual/Group Task
Intra-session Exam 2,500 words 45 N Individual
Final Exam 2,500 words 45 N Individual
Participation Ongoing 10 N Individual

Prescribed Texts

  • Hal S Scott and Anna Gelpern, International Finance, Transactions, Policy and Regulation (Foundation Press, 20th ed, 2014)

Teaching Periods

Structures that include subject