Banking law and practice / Hong Kong Institute of Bankers Staff.

Format:

Book

Author/Creator:

Hong Kong Institute of Bankers Staff.

Contributor:

Hong Kong Institute of Bankers.

Language:

English

Subjects (All):

Banking law--China--Hong Kong.

Banking law.

Banks and banking--China--Hong Kong.

Banks and banking.

Physical Description:

1 online resource (304 p.)

Edition:

1st edition

Place of Publication:

Singapore : Wiley, 2012.

Language Note:

English

System Details:

text file

Summary:

A solid understanding of how banks operate is crucial to grasp the functioning of modern society. Banks are an intrinsic part of business, finance, and everyday life. Modern banking is regulated by a sophisticated set of laws and regulations that are constantly evolving. Banking Law and Practice from the Hong Kong Institute of Bankers outlines and explains these laws and regulations clearly and in detail. This regulatory framework has a deep impact on banks, bankers, and anyone that deals with them, which is the overwhelming majority of society. This high level of impact

Contents:

Banking Law and Practice: The Hong Kong Institute of Bankers; Copyright; Contents; Preface; Part 1: Bank-Customer Relationship and Account Opening; 1: Contractual Relationships in Law and Practice; Learning Objectives; Introduction; Definition of 'Customer'; Nature of the Banker-Customer Relationship; Banker and Customer; Debtor and Creditor; Principal and Agent; Bailor and Bailee; Laws and Practice; Common Law; Legislative Sources; Statutory and Non-statutory Guidelines; Code of Banking Practice; Mandates; Power of Attorney; Types of Power of Attorney; Rules in the Use of Power of Attorney

Revocable and IrrevocableEnduring Power of Attorney; Practical Considerations for Banks; Limitation of Actions; Two-year Limit; Three-year Limit; Six-year Limit; Twelve-year Limit; No Limit; Extension of Period of Limitation; Appropriation of Payments; Rule in Clayton's Case; Set-off; No Right of Set-off; Code of Banking Practice; Banker's Lien; Rights of Bank Asserting lien; Matters Excluding Lien; Banker's Duty of Secrecy; Common Law Principle; Exceptions to Duty of Secrecy; Personal Data and Consumer Credit Data; What is Personal Data?; Collection of Data; Data Protection Principles

Use of Personal Data in Direct MarketingCode of Practice on Consumer Credit Data; Statement of Account or Passbook; Wrongful Dishonour of Cheques; Article II; Practical Considerations for Banks; Breach of Contract and Libel; Exemption Clauses; Control of Exemption Clauses Ordinance; Summary; Key Terms; Study Guide; Further Reading; 2: Opening and Conduct of Accounts; Learning Objectives; Introduction; Opening of an Account; Conduct of Account; Monthly Statements; Examination of Statements; Practice Duty of Secrecy and Personal Privacy; Practice Duty of Care

Specific Issues Affecting the Operation of AccountsClosing of Account; Closure of Account by Customer; Closure of Account by Bank; Opening and Conduct of Accounts for Various Customers; Personal Customers; Joint Customers; Minors; Executors and Administrators; Trustees; Sole Proprietors; Partnership; Unincorporated Associations, Clubs, and Societies; Solicitors; Incorporated Companies; Definition of Different Types of Authorities; Authority of Directors; Registration of Charges; Partnership Converted to a Limited Company; Handling of Cheques of Limited Companies

Anti-Money Laundering and Counter-Terrorist FinancingAnti-Money Laundering; The Money Laundering Process; Legislation on Money Laundering; Basic Policies and Principles to Combat Money Laundering; Burden of Proof; Power of Authorised Officers; Bribery and Corruption; Counter-Terrorist Financing; Overview; Summary; Key Terms; Study Guide; Further Reading; Part 2: Banking Operations; 3: Bills of Exchange and Promissory Notes; Learning Objectives; Introduction; Negotiable Instruments; Role and Responsibilities of the Bank; Bills of Exchange; Parties to a Bill of Exchange

Dating of a Bill of Exchange

Notes:

Includes bibliographical references and index.

Includes index.

ISBN:

9786613911391

9781283598941

1283598949

9780470827635

0470827637

OCLC:

811731856