An overview of the laws and regulations that affect how financial services companies operate on a daily basis. The course weaves business and banking law principles together to show regulations’ effects on financial services activities.
Pricing
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Facilitated Course: Member, $436; Nonmember, $520
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Textbook - 7th Edition (Printed or eBook): Member, $89; Nonmember, $130; Shipping, $15; Handling, $6
Learning Objectives
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Explain the legal and legislative sources of U.S. banking law and the judiciary's and regulatory agencies' roles in interpreting the law
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Identify the types of customer, both individuals and legal entities, that a financial services company transacts with and the obligations and responsibilities associated with the relationships
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Describe the various legal challenges facing financial institutions such as torts, crimes, contractual issues, and property issues
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Describe the requirements of negotiable instruments under the UCC and other laws and the rights and responsibilities of parties negotiating the instruments
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Explain the legal obligations of banks to act fair and responsibly as businesses and in their dealings with customers
Audience
Personnel who are new to banking or require a refresher course on the legal basis for many banking laws governing products, services and transaction.
This course requires proctored exams.
Course Credits
College Credit Recommendations: In the lower division baccalaureate/associate degree category, 3 semester hours in Business Law or Business Administration
ABA Diplomas/Certificates: This course applies to Bank Operations Diploma, Business Banking & Commercial Lending Diploma, Consumer Banking Diploma, General Banking Diploma, and Military Banking Operations Diploma