Banking and Finance Law is an elective course and an optional practice area within the 'admission to practice' component of the Graduate Diploma of Legal Practice (GDLP).
This course is designed both for students who anticipate performing Banking and Finance work as an Australian legal practitioner and also for students seeking to extend their commercial legal knowledge, skills and values as prescribed for entry-level lawyers in Australia. Banking and Finance Law is especially valuable for transactional lawyering, as well as for the dispute resolution aspect of litigation lawyering. It is also relevant to community legal service and consumer advisory.
Within the GDLP (admissions), this course complements the:
• Commercial Practice component of the compulsory Professional Practice Core (PPC) course; and
• Consumer Law Practice elective/optional practice area.
By the end of this course, students should be able to demonstrate competence in: advising clients on some of the common ways to finance commercial transactions; drafting loan agreements and associated security documents, and taking the actions required to perfect those securities and ensure enforceability.
The course will equip participants with the capacity to apply an advanced body of legal knowledge and principles in a range of contexts for professional practice in banking and finance.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
By the completion of this course, it is intended that students who have successfully completed all the course requirements will:1.Identify and contextualise complex materials and through an examination and critical analysis of information, including legislative and regulatory requirements, provide appropriate practical solutions for clients of banking and finance law;
2. Synthesise and explain complex theoretical knowledge of legal and ethical principles, issues, implications and risks, and the context and methods applicable in conducting, and responding to, banking and finance transactions and communicate that information to specialist and non-specialist audiences;
3. Apply cognitive skills to contextualise information and advise a range of clients on legal aspects of banking and finance transactions relevant to:
a. investigating client requirements and financing options;
b. planning financing transactions;
c. documenting loans and securities;
d. effectively communicating benefits, risks and implications to clients;
e. pursuing due diligence; and
f. finalising banking and finance transactions, ensuring enforceability and best practice.
4. Demonstrate technical legal and analytical competence, drafting and communication skills to draft and/or advise on banking and finance transactions documentation;
5. Research and evaluate appropriate methodologies, technical, legal and practical knowledge to develop solutions-focused strategies for a complex set of facts and circumstances and interpret that information in advising a range of clients.
Indicative Assessment
2 x 500 word Discussion Forum Contributions (25%) (LO 1,2 & 5)1 x 1000 word Critical Analysis memo/Draft Advice to Client (25%)(LO 2,3 & 4)
1 x 2000 word Draft Loan Agreement and/or Securities/Client Letter (50%) (LO 3,4 & 5)
The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.
The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.
Workload
The course is conducted over 6 weeks with an expected average workload of 8-10 hours per week, including assessment activities.This is a wholly online course. It will require continuous online participation throughout the course, as students will be required to participate in discussion forums and other activities in order to satisfy course completion requirements.
Requisite and Incompatibility
You will need to contact the ANU School of Legal Practice to request a permission code to enrol in this course.
Prescribed Texts
• There are no prescribed text(s) for this course.• The Wattle course site will contain a number of extracts of relevant materials and links to other resources.
Fees
Tuition fees are for the academic year indicated at the top of the page.
If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- 3
- Unit value:
- 3 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.
| Units | EFTSL |
|---|---|
| 3.00 | 0.06250 |
Course fees
- Domestic fee paying students
| Year | Fee |
|---|---|
| 2018 | $1177 |
- International fee paying students
| Year | Fee |
|---|---|
| 2018 | $1543 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
Summer Session
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| 1815 | 05 Mar 2018 | 09 Mar 2018 | 16 Mar 2018 | 13 Apr 2018 | Online | N/A |
Autumn Session
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| Graduate Program | ||||||
| 5811 | 21 May 2018 | 25 May 2018 | 01 Jun 2018 | 29 Jun 2018 | Online | N/A |
Winter Session
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| 6835 | 09 Jul 2018 | 13 Jul 2018 | 20 Jul 2018 | 17 Aug 2018 | Online | N/A |
