BTF5112 · Banking and finance regulation

Overview

This unit is drawn on the existing and emerging legal and regulatory aspects governing banking and financial sector. You will be introduced to a range of legal issues covering traditional banking, financial advice and sale of financial products, consumer credit, securities and lending, electronic payments, fintech and anti-money laundering and counter terrorism financing. This unit will be of interest if you wish to develop a deeper understanding of regulatory aspects in banking and finance sector.

Offerings

Assessment

The Handbook does not list a final examination among the assessment items. That is not a guarantee there is none.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

The Handbook lists no prerequisite, corequisite or prohibition for this unit.

Learning outcomes

1. identify and critically evaluate the role and functions of different regulators in banking and finance sector
2. examine the legal relationship between a banker and customer
3. identify and critically analyse various consumer credit protection provisions and policies in Australia with regard to loans and credit cards
4. identify and critically explore the regulatory architecture for anti-money laundering and counter-terrorism financing in Australia
5. identify and examine legal and regulatory issues with regard to lending and securities, electronic banking, financial technology and financial services and products to provide solutions to real-world problems in these areas.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

Student experience, not official rules. Nothing here changes what the Handbook says.