Introduction to the Australian Banking System and Regulations
Banker and Customer
Accounts
Banker’s Rights and duties
Securities - Part A - Secured Lending
Securities - Part B - Guarantees, Banker’s Liens and Freezing Orders
Payment and Payment systems
Mistake and consumer protection
Bills of exchange
Cheques
Insolvency
Documentary Credit
Bank accounts
Future developments
Assessment
Assessments:
1. Presentations (5%) Week 1-12
2. Written Assignment (25%) Week 6 and week 10
3.Final Examination (70%) TBA
Introduction to the Australian Banking System and Regulations
Week One
Introduction to the Australian Banking System
The Commonwealth Constitution
Under the Cth Constitution s 51(xiii), the federal govt has power to make laws with respect to
banking
Main Players in the Australian Financial System
Nature and Scope of Law Regulating Financial Institutions in Australia
(a) Sources of Banking Law
3. Financial Deregulation