LL4Z9      Half Unit
Banking Law

This information is for the 2013/14 session.

Teacher responsible

Dr Joanne Braithwaite NAB6.33


This course is available on the Master of Laws and Master of Laws (extended part-time study). This course is available with permission as an outside option to students on other programmes where regulations permit.

This course is capped at 30 students. Students must apply through Graduate Course Choice on LSEforYou.

Course content

This course focuses on the private law of banking as it relates to the core banking activities not covered elsewhere on the LLM (ie, on courses about the financing activities of banks and the regulation of banking activities). In particular, we look at the deposit-taking relationship, and the legal issues surrounding bank payment services. The course aims to be both domestic and international in perspective, though the emphasis will be on English law. Topics include: 1. The deposit-taking relationship; 2. Money, transfers of money and payment; 3. Bank payment methods: funds transfers; 4. Third party claims and liabilities of banks as payment service providers; and 5. Bank payment services in international trade.


20 hours of seminars in the LT. 2 hours of seminars in the ST.

Formative coursework

Students will be asked to submit one essay, which may be written in exam conditions.

Indicative reading

For introductory purposes, students are referred to Ellinger, Lomnicka and Hare, Ellinger’s Modern Banking Law (5th ed, 2011), Cranston, Principles of Banking Law (2002). Full reading lists will be distributed during the course.


Exam (100%, duration: 2 hours) in the main exam period.

Key facts

Department: Law

Total students 2012/13: 13

Average class size 2012/13: 14

Value: Half Unit

Guidelines for interpreting course guide information

Personal development skills

  • Communication
  • Specialist skills