Banking Law, 3rd Edition

During the last three years that lapsed since the second edition of BANKING LAW (which was published in 1995), there were significant changes and happenings within the banking and finance industry. These changes included the composition of the financial system itself, the enforcement of the Anti-Money Laundering Act 2001, the Development Financial Institutions Act 2002, the Payment Systems Act 2003 as well as the cases on banking and finance which were decided by the courts. This third edition provides a current updated statement of principles and legal developments affecting the banking and finance industry.

A Key expansion of this book is found in the new chapter on 'Legal and Regulatory Framework' which includes pertinent information on the banking system, the Banking and Financial Institutions Act 1989 and BNM Guidelines relevant to financial institution employees, the Development Financial Institutions Act 2002, the Exchange Control Act, ECM Notices and FIC Guidelines and the Anti-Money Laundering Act 2001.

This book is ideal, and indeed, essential reading for law students, bankers and financiers, customers of banks and financial institutions, professionals and business enterprises and corporations and legal practitioners.

The author's comprehensive experience in both legal practice, banking and teaching have enabled them to provide a condensed and easy-to-understand coverage of banking law principles and areas of interest related thereto, including:
* banker-customer relationship
* negotiable instruments
* electronic banking
* lending and securities
* guarantees
* loan recovery and insolvency