Module Identifier | LAM0820 | ||
Module Title | INTERNATIONAL BANKING LAW | ||
Academic Year | 2002/2003 | ||
Co-ordinator | Mr Andrew Campbell | ||
Semester | Semester 2 | ||
Course delivery | Seminars / Tutorials | 2 Hours Seminar. | |
Assessment | Semester Assessment | Seminar Presentation: | 20% |
Semester Assessment | Essay: Students may choose one of the following: 1. 2 x 2500-3000 word essays. 2. 1 x 5000-6000 word essay. | 80% |
The system of legal supervision of the banking sector has become a topic of particular importance in recent years. The
changing role of banking supervision in the UK will be examined in depth and attention will be paid to EU and international
developments.. Regulation and supervision matters are particularly relevant in view of recent scandals such as B.C.C.I.
Money laundering has become one of the most important problems facing the international financial community and the
developing international efforts to combat this menace are subjected to detailed scrutiny.
The structure of bank supervision in the U.K.
The role of the Bank of England
European and international aspects
Inquiry into the supervision of BCCI
2. International Syndicated Loans
Introduction and definition
Choice of applicable law
The ISL transaction in detail: (i) the lead manager (ii) other parties (iii) the loan agreement
3. Bonds - Eurobonds and International Bonds
Introduction and definition
Issue
Negotiability
Legal documentation
Legal relationship between the parties
Comparison of Eurobonds and ISLs
4. Control of Money Laundering
What is money laundering?
the UK response and the EU Directives
the wider international perspective