Aims & Objectives:

• Understand the basic concepts of finance law, including lending and securities, banking, negotiable instruments and international trade finance
• Apply concepts of finance law to everyday business activities
• Analyse legal issues in relationships between the bank, consumers, and regulators
• Understand of financial instruments used in everyday business activities
• Solve real world problems
• Develop legal arguments from multiple points of view

Teaching Methods:

Lecture (2 hours) and Tutorial (1 hour)

Assessment:

Mid-semester Exam (open book, week 8, 40%) Final Examination (open book, 60%)

Generic Skills Outcomes:

• Capable in their chosen professional, vocational or study areas
• Entrepreneurial in contributing to innovation and development within their business, workplace or community
• Effective and ethical in work and community situations
• Adaptable and able to manage change
• Aware of local and international environments in which they will be contributing (eg socio-cultural, economic, natural)

Content:

• Introduction to finance law
• Securities and related issues
• Banking Law: banker-customer relationship
• Cheques
• Other negotiable instruments

Reading Materials:

Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.