Dr Joanne Braithwaite NAB7.28

This course is available on the MSc in Law and Accounting, Master of Laws and Master of Laws (extended part-time study). This course is available with permission as an outside option to students on other programmes where regulations permit.

This course is capped at 30 students. Students must apply through Graduate Course Choice on LSEforYou.

This course focuses on the private law of banking as it relates to the core banking activities not covered elsewhere on the LLM (ie, on courses about the financing activities of banks and the regulation of banking activities). In particular, we look at the deposit-taking relationship, and the legal issues surrounding bank payment services. The course aims to be both domestic and international in perspective, though the emphasis will be on English law. Topics include: 1. The deposit-taking relationship; 2. Money, transfers of money and payment; 3. Bank payment methods: funds transfers; 4. Third party claims and liabilities of banks as payment service providers; and 5. Bank payment services in international trade.

20 hours of seminars in the MT. 2 hours of seminars in the ST.

Students will be asked to submit one essay, which may be written in exam conditions.

For introductory purposes, students are referred to Ellinger, Lomnicka and Hare, Ellinger’s Modern Banking Law (5th ed, 2011), Cranston, Principles of Banking Law (2002). Full reading lists will be distributed during the course.

Exam (100%, duration: 2 hours) in the main exam period.