BBA Banking Law and Regulation
bbasemester 8
Unit 1:Bank and Customer Relationship
Legal nature of bank and customer relationship, trustee-beneficiary, agent-principal, debtorcreditor, special types of customer(individual, corporate, Government, NGO etc) account opening and closing procedure. Know Your Costumer- KYC
Unit 2: Bank Lending and Securities
Procedure for bank lending, Credit policy guideline, Credit sanction limit and authority, Legal procedure for recall and recovery of banks loan, Meaning and definition of collateral and security, Legal features of collateral and security, Generally accepted security in Nepalese banking (land and building, goods and commodities, share and debenture, deposit certificate, personal guarantee promissory note, saving bond)
Unit 3: Bank Regulation and Central Bank Policy for Bank and FIs
Concept, need and significance of regulation, Impact of deregulation, Major prudential regulation of central bank- Capital adequacy, Loan classification and provisioning, Corporate governance, Blacklisting.
Unit 4: Central bank and Legal System
Meaning and concept of central bank, establishment, Composition of BOD in Nepal Rastra Bank, Function and legal power of Nepal Rastra Bank, NRB relationship with government and other agencies.
Unit 5:Introduction
Meaning and concept of bank and financial institutions, Evolution of banking institutions and banking law in Nepal, Role of banking institutions for socio-economic development.
Unit 6: Legal aspect of Trade Finance:
Letter of credit, Guarantee, Basic features, Parties involves in various trade finance, Roles and responsibilities of parties.
Unit 7: Legal Challenges in Banking Business
Banking fraud, Cyber-crime, Innovative product, Anti-money laundering, Electronic banking, global access of banking services
Unit 8: Legal Provision Relating to Negotiable Instrument
Cheque, Draft, bills of exchange, Promissory note, Validity and dishonored of cheque, Right and duties of various parties involved in instruments, Impact and legal action for miss using promissory note including cheque.
Unit 9:Major Banking Law
Nepal Rastra Bank Act 2058, Bank and Financial Institution Act (BAFIA) 2063, Banking Offense Act, 2064, Anti-Money laundering Act, Foreign Exchange Company Act
Unit 10:Structure and formation of Bank and Financial Institutions
Licensing Policy for bank and FIs, Capital requirement, Eligibility criteria and fit and proper test for potential promoter, Types of bank and FIs, Functions of bank and FIs as per BAFIA 2063, Composition of BOD, Roles and responsibilities of BOD.