SOAS University of London

School of Law

Banking Law

Module Code:
Taught in:
Full Year

Banking law is front page news. This module takes a critical look at the rules which applied to banks before the Global Financial Crisis of 2007 and at the reforms which have been introduced since the Crisis. It examines how English law allows banks to treat their customers and asks whether English law ensures banks serve the common good. The course will teach you not only what the rules are, but their rationale, economic and social context, and how they operate in practice.

The module is divided into two halves. 

  • The first half of the module introduces the students to banking regulation. Its theoretical justifications are explored and the framework for banking regulation at the international, European and UK level is set out. 
  • The second half of the module explores core areas of English banking law, both those which have been important historically as well as the areas in which the law is evolving as banking practices change.

Banking is changing fast. The module looks at how the law addresses electronic payments and fintech.

English consumer credit law and securities regulation are not covered in this module.

Objectives and learning outcomes of the module

  • Demonstrate an understanding of the framework of regulation of banking at an international, European and UK level;
  • Engage critically with the debate regarding the theoretical basis of banking regulation;
  • Analyse and apply English banking law relating to banker-customer relations;
  • Carry out independent research in the fields of both banking regulation and banking law using both library-based and electronic resources.

Method of assessment

Unseen written exam: 100%


Important notice regarding changes to programmes and modules