LAW523 Finance Law (8)


Modern finance professionals need an understanding of the legal framework which establishes, controls and regulates financial institutions and governs the conduct of business between them and their customers and advisors. The subject aims to increase students' knowledge and understanding of the legal nature and types of securities. The emphasis of the subject is on applying frameworks and techniques to real life cases, to ensure that students can practically apply the knowledge gained.

+ Subject Availability Modes and Location

Session 2
DistanceBathurst Campus
Continuing students should consult the SAL for current offering details: LAW523
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject information

Duration Grading System School:
One sessionHD/FLSchool of Accounting and Finance

Enrolment restrictions

Available only to students enrolled in Postgraduate Courses in the Faculty of Business, Justice and Behavioural Science.

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to provide a critique of the legal framework governing financial institutions;
  • be able to identify and outline the law relevant to financial institutions and critically evaluate the impact of legal regulations on the practical operation of such institutions;
  • be able to discuss and critique the application of contract law to the relationship between financial institutions and their clients;
  • be able to appraise and explain the rights and responsibilities involved in the client /customer engagement in domestic and international dealings;
  • be able to critically analyse the law relating to secured interests in property;
  • be able to evaluate the need for a lender to determine that a borrower has the capacity and authority to enter into a particular transaction; and
  • be able to critically evaluate the remedies available to secured lenders in the event of default.


The subject will cover the following topics:
  • regulation of banks and Australian Deposit Institutions (ADIs);
  • banker customer relationship in contract and tort;
  • legal nature of securities;
  • negotiable instruments, the nature, issuance and trading of prudential supervision of banking institutions;
  • secured and unsecured lending;
  • guarantees and support, forms of credit, set off and netting;
  • electronic banking and clearing systems;
  • consumer protection;
  • anti-money laundering and counter terrorism international financial and banking transactions; and
  • agency, corporate law and corporate insolvency.


The information contained in the 2016 CSU Handbook was accurate at the date of publication: 06 September 2016. The University reserves the right to vary the information at any time without notice.