LW2BA-Banking Law

Module Provider: School of Law
Number of credits: 20 [10 ECTS credits]
Level:5
Terms in which taught: Autumn / Spring term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2023/4

Module Convenor: Prof Gerard McMeel
Email: g.mcmeel@reading.ac.uk

Type of module:

Summary module description:

Students undertaking this module will cultivate their understanding of banking law in the UK. It will provide students with the opportunity of developing important concepts such as the banker and customer relationship, the duty of banks to maintain confidentiality and other banking law issues arising from transactions.

Aims:

The module addresses the concept of banking regulation and supervision from a UK and a global perspective. It also addresses specific aspects of banking law, for example, the bank and customer relationship and the duty of banks to maintain confidentiality. The module also aims to provide students with the opportunity to develop and sharpen their logical and analytical skills as it relates to banking law issues. The module is designed to stretch the student’s analytical mind, to enable them to resolve practical legal issues which may arise in banking and provide a clear understanding of the significant role played by banks in society. The module considers banking law generally from a practical, theoretical and legal perspective with the exploration of cases.

Students who pass this module will be able to:

• Demonstrate an understanding of a broad range of legal concepts and the ability to analyse the legal issues arising from them;


• Have a good understanding of banking law and banking transactions;


• Demonstrate an understanding of the important issues arising from the bank/customer relationship;


• Demonstrate an understanding of both primary and secondary sources of law, and doctrinal commentary;


• Critically evaluate the theoretical dimensions to banking law;


• Critically analyse and apply the relevant legal provisions to fact-based scenarios, noting any relevant alternative approaches and reaching a clear and supportable conclusion.

Assessable learning outcomes:

• This module enhances a student’s ability to critically analyse complex material;


• Students are encouraged to develop their oral communication skills and ability to articulate their arguments clearly through an exploration of materials (both primary and secondary sources of law);


• Students will further develop their analytical skills. 

Additional outcomes:

• Employability skills through the ability to pay attention to detail

Outline content:

• What is money?


• What is the role of banks in the community?


• Exploring the special nature of banks


• The duty of confidentiality


• Bank Governance


• Crytopcurrency


• Derivatives


• Securities


• Money Laundering and Banking Business

Global context:

• EU


• Banking Union

Brief description of teaching and learning methods:

The module is delivered through a mixture of lectures and tutorial classes. The mode of delivery of the lectures is interactive and pre-reading is provided.

Contact hours:

	Autumn	Spring	Summer
Lectures	20
Seminars		5
Guided independent study:
Wider reading (independent)	80	95
Total hours by term			0
Total hours for module	200

Summative Assessment Methods:

Method	Percentage
Written exam	40
Written assignment including essay	50
Oral assessment and presentation	10

Summative assessment- Examinations:

One one-and-a-half-hour examination, which is a pre-seen paper. Students to answer two questions from a selection of questions

Summative assessment- Coursework and in-class tests:

1 summative essay of not more than 5 pages formatted in accordance with the School of Law’s Assessed Work Rules submitted in the Spring term

Formative assessment methods:

Students have the opportunity to submit a formative assignment at the end of the Autumn term and to receive feedback on it.

Penalties for late submission:

The Support Centres will apply the following penalties for work submitted late:

• where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day (or part thereof) following the deadline up to a total of five working days;
• where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.

The University policy statement on penalties for late submission can be found at: https://www.reading.ac.uk/cqsd/-/media/project/functions/cqsd/documents/cqsd-old-site-documents/penaltiesforlatesubmission.pdf
You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

Assessment requirements for a pass:

40%

Reassessment arrangements:

See School Guide (Programme Assessment). Assessments tasks are the same method as the first attempt, but due during the summer re-take period. Students must re-take either the written assignment, exam, or presentation (which may be adapted in format for re-assessment purposes) where they have a mark below 40 in any. Only a failed element need be re-taken; the mark for a passed element can be carried forward.

Additional Costs (specified where applicable):

1) Required text books: 

2) Specialist equipment or materials: 

3) Specialist clothing, footwear or headgear: 

4) Printing and binding: 

5) Computers and devices with a particular specification: 

6) Travel, accommodation and subsistence: 

Last updated: 26 February 2024