Objectives

The front liners will equip in banking business with an overall knowledge on application of law in day to day transactions in banking. This will further help them to perform their duties effectively to protect the interests of their own banks and their valuable customers.

Course Contents

Banker Customer Relationship

• Common law
• Statutory Law

Negotiable Instruments

• Bills of Exchange, Cheques
• Concepts pertaining to negotiable instruments

Electronic Banking

• Retail Payments Systems
• Large Value Payment Systems
• Fintech developments

Lending and Debt Recovery

• Credit Information
• Secured Transactions
• Mortgages
• Debt Recovery Related Statutes

Regulatory Framework pertaining to Licensed Banks

Anti-Money Laundering and Combatting of Financing of Terrorism

• Framework Applicable Form Global and National Perspectives
• Know your customer / Customer Due Diligence
• Statutory Reporting Requirements

Attendance: continuous attendance either physically or online will be considered in allowing to sit for the final examination