LW2BA: Banking Law

Module code: LW2BA

Module provider: School of Law

Credits: 20

Level: Level 2 (Intermediate)

When you'll be taught: Semester 1

Module convenor: Professor Gerard McMeel, email: g.mcmeel@reading.ac.uk

Pre-requisite module(s):

Co-requisite module(s):

Pre-requisite or Co-requisite module(s):

Module(s) excluded:

Placement information: NA

Academic year: 2024/5

Available to visiting students: Yes

Talis reading list: No

Last updated: 21 May 2024

Overview

Module aims and purpose

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.

Module learning outcomes

By the end of the module, it is expected that students will be able to:

1. Have a good understanding of banking law and banking transactions;
2. Demonstrate an understanding of the important issues arising from the bank/customer relationship;
3. Critically evaluate the theoretical dimensions to banking law;
4. Critically analyse and apply the relevant legal provisions to fact-based scenarios, noting any relevant alternative approaches and reaching a clear and supportable conclusion.

Module content

The module addresses the concept of banking regulation and supervision from a UK and a global perspective. In any year it will include some or all of the topics of: What is money; What is the role of banks in the community; Exploring the special nature of banks; The duty of confidentiality; Bank Governance; Cryptocurrency; Money Laundering and Banking Business; and the bank and customer relationship. 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.

Structure

Teaching and learning methods

he module is delivered through a mixture of lectures, workshops and tutorial classes. The mode of delivery of the lectures is interactive and pre-reading is provided. The in-person teaching will be supplemented by asynchronous or timetabled on-line elements.

Study hours

At least 37 hours of scheduled teaching and learning activities will be delivered in person, with the remaining hours for scheduled and self-scheduled teaching and learning activities delivered either in person or online. You will receive further details about how these hours will be delivered before the start of the module.

Please note the independent study hours above are notional numbers of hours; each student will approach studying in different ways. We would advise you to reflect on your learning and the number of hours you are allocating to these tasks.

Semester 1 The hours in this column may include hours during the Christmas holiday period.

Semester 2 The hours in this column may include hours during the Easter holiday period.

Summer The hours in this column will take place during the summer holidays and may be at the start and/or end of the module.

Assessment

Requirements for a pass

Students need to achieve an overall module mark of 40% to pass this module.

Summative assessment

Penalties for late submission of summative assessment

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

Assessments with numerical marks

• 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 three working days;
• the mark awarded due to the imposition of the penalty shall not fall below the threshold pass mark, namely 40% in the case of modules at Levels 4-6 (i.e. undergraduate modules for Parts 1-3) and 50% in the case of Level 7 modules offered as part of an Integrated Masters or taught postgraduate degree programme;
• where the piece of work is awarded a mark below the threshold pass mark prior to any penalty being imposed, and is submitted up to three working days after the original deadline (or any formally agreed extension to the deadline), no penalty shall be imposed;
• where the piece of work is submitted more than three working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.

Assessments marked Pass/Fail

• where the piece of work is submitted within three working days of the deadline (or any formally agreed extension of the deadline): no penalty will be applied;
• where the piece of work is submitted more than three working days after the original deadline (or any formally agreed extension of the deadline): a grade of Fail will be awarded.

The University policy statement on penalties for late submission can be found at: /cqsd/-/media/project/functions/cqsd/documents/qap/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.

Formative assessment

Formative assessment is any task or activity which creates feedback (or feedforward) for you about your learning, but which does not contribute towards your overall module mark.

Students can submit an essay plan as formative assessment for the coursework.

Reassessment

Additional costs