School Of LawBanking and Securities LawWestern Sydney University Unit Code: F3015.1
Discipline: BUSINESS AND COMMERCIAL LAW
Student Contribution Band: 3
Level: 3
Credit Points: 10
Equivalent Units
This unit replaced by 200697 Banking and Securities Law in 2009.
Prerequisite
F2001 Commercial Law OR 200014 Commercial Law
About this Unit
This unit replaced by 200697 - Banking and Securities Law. Financing considerations are a major factor in many commercial transactions. As the laws, which affect the finance and banking industry become increasingly complex, potential liabilities for breach of legal obligations are substantial. Accordingly, knowledge of financial law is essential for commercial lawyers and persons pursuing a career in banking or finance. This unit examines laws relating to the structure and regulation of the banking system, financial market instruments and other facilities, bills of exchange, negotiable instruments, promissory notes, cheques and payment orders and legal security concerns of financiers.