Enrolments are closed.
Want to study Legal, Justice and Security? with a student advisor to find out more.
Banking and Finance Law
Undergraduate | UNE-LAW344 | 2021
Course information for 2021 intake
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- 16 weeks
FEE-HELP available
Banking and Finance Law
About this subject
Upon completion of this subject, students will be able to:
- demonstrate a broad and coherent understanding of the nature and scope of financial services regulatory reform, financial payment systems and financial product regulation;
- demonstrate a broad and coherent understanding of the legal basis of dealings between bank and customer and the law governing dealings with cheques and parties' liability, role of banks with traditional legal forms of debt finance, bills of exchange and letters of credit;
- use cognitive and legal skills to exercise critical thinking and judgement in demonstrating an understanding of the legal methods of issuing financial securities (shares, debentures and bonds) and the nature of advantages of asset securitisation;
- use initiative and judgement to critically analyse, synthesise and consolidate Banking and Finance Law, providing persuasive legal arguments and solutions to fact-based problems; and
- demonstrate cognitive and legal skills, initiative, professional judgement to produce clear and coherent written communications on legal issues relating to the legal methods of both taking and enforcing a secured interest under personal property security laws in Australia and other common law jurisdictions.
- Topics will be available to enrolled students in the subjects Learning Management System site approximately one week prior to the commencement of the teaching period.
This subject deals with the rapidly changing area of banking and finance law in Australia. It begins with a critical analysis of the regulatory framework for the financial system and the role of deregulation and supervision of Australian financial institutions. It will then critically examine the regulation of financial products and services; the functions of various financial payment systems; the legal basis of dealings between financial institutions and their customer; laws governing bank cheques; the regulation of capital finance through fundraising and securitisation; legal aspects of bills of exchange & letters of credit; taking security at common law; personal property security reform; and remedies and enforcement of security interests.
Assignment 1 - Written Assessment: 2000 words. Relates to Learning Outcomes 1-5
Take Home Exam: 3000 words. Relates to Learning Outcomes 1-5- Assignment 1 (40%)
- Take Home Exam (60%)
For textbook details check your university's handbook, website or learning management system (LMS).
The University of New England is the only Australian public university to be awarded the maximum 5 stars for Overall Experience by the Good Universities Guide, 13 years in a row. UNE has delivered distance education since 1955—that’s longer than any other Australian university. Perhaps that’s why students continue to rate UNE so highly for student satisfaction and teaching quality. With over 170 degrees offered online, and more than 22,000 students, UNE is an expert in online education.
Learn more about UNE.
Explore UNE courses.
- QS Ranking 2024:
- 36
Entry requirements
To enrol in this subject, you must be admitted into a degree.
Prior study
You must either have successfully completed the following subject(s) before starting this subject, or currently be enrolled in the following subject(s) in a prior study period; or enrol in the following subject(s) to study prior to this subject:
and one of
- UNE-LAW172-Contract Law
UNE-LAW272-Law of Contract II (no longer available)
and one of
- UNE-LAW162-Criminal Law
UNE-LAW312-Criminal and Civil Procedure (no longer available)
Please note that your enrolment in this subject is conditional on successful completion of these prerequisite subject(s). If you study the prerequisite subject(s) in the study period immediately prior to studying this subject, your result for the prerequisite subject(s) will not be finalised prior to the close of enrolment. In this situation, should you not complete your prerequisite subject(s) successfully you should not continue with your enrolment in this subject. If you are currently enrolled in the prerequisite subject(s) and believe you may not complete these all successfully, it is your responsibility to reschedule your study of this subject to give you time to re-attempt the prerequisite subject(s).
Others
Candidature in Bachelor of Laws (4 Years).
To enrol in this subject you will need to pass the Prerequisite/s. Please note as UNE results are released after the close of enrolment date, your enrolment into this subject will be withdrawn if you do not pass the prerequisite subject/s.
Additional requirements
- Equipment requirements - Headphones or speakers (required to listen to lectures and other media) Headset, including microphone (highly recommended) Webcam (may be required for participation in virtual classrooms and/or media presentations).
- Software requirements - It is essential for students to have reliable internet access in order to participate in and complete your units, regardless of whether they contain an on campus attendance or intensive school component. For additional information please visit UNE Hardware Requirements: https://www.une.edu.au/current-students/support/it-services/hardware
- Other requirements -
Textbook requirements:
Textbook information is not available until approximately 8 weeks prior to the commencement of the Teaching period.
Students are expected to purchase prescribed material.
Textbook requirements may vary from one teaching period to the next.
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.