BFN305BANKING LAWS AND REGULATIONS

BFN305 offers a comprehensive study of the legal and regulatory framework governing banking operations. The course covers key laws, policies, and regulatory institutions that oversee and guide the conduct of banking activities, including central banking regulations, commercial banking laws, anti-money laundering (AML) policies, and consumer protection standards. Students will examine the roles of regulatory bodies such as the Central Bank, NDIC, and international financial institutions in ensuring the safety, soundness, and integrity of the banking system.

Through the analysis of statutes, regulatory guidelines, and real-world compliance cases, students will develop an understanding of how legal frameworks mitigate risks, promote transparency, and protect stakeholders in the financial sector. The course also highlights legal obligations regarding loan agreements, bank-customer relationships, digital banking, and cross-border transactions. By the end, students will be equipped with the legal knowledge to operate responsibly within the banking industry and adapt to evolving regulatory requirements.