Law Relating to Banking and Negotiable Instruments
This course introduces students to the practice and the law of banking. It also examines the various ways and mechanisms through which the law has responded or should respond to new technologies which have rendered the old common law rules obsolete. This course is designed to enhance participants’ knowledge in the laws guiding banking
operations and practice
Course Objectives
- The course aims to equip the students with the necessary tools to handle any problem regarding banking law. In studying banking law we shall stress the importance of the financial institutions in the proper functioning of the economy. In studying the Negotiable Instruments the students will be introduced to non-cash payment system
- will be able to understand the basic concepts and be able to apply the law to solve legal problems, specifically the rights of clients, obligation of the bank, the nature of securities and the regulation of financial institutions.