LLM Banking Law

Module leader:  Professor Robert Lee

Teaching and assessment (2016-17):
  Semester 1, Essay - 6,000 words

Module description:

This module primarily considers laws regulating banking in the UK, with a particular emphasis on the relationships between banks and their customers and the role of consumer protections. Here, we will look at fraud, money laundering, the nature of the bank-customer relationship and the duties inherent in that relationship. We will also look at standards set out in the Financial Conduct Authority's Handbook, and the work of the Financial Ombudsman Services, the Financial Services Compensation Scheme and the Office of Fair Trading. As will be obvious from the global financial crisis, the context, globalization and supranational regulation of banking activities are important and so this module will encourage students to think about the wider impacts of what they have learned. Seminar topics are as follows:

  • Protecting Consumers
  • Mandate and payment
  • Customers' duties and recovery of money paid by mistake 
  • Money Laundering
  • Constructive trusts
  • Cards and other methods of payment
  • Undue Influence
  • Overdrafts and lending
  • Banking, corporate governance and the financial crisis
  • Reflections on banking law