Paper - Academic Registry and Council Secretariat - Queen Mary ...

TPB2012-024
Accounts, money, payment and fund transfers
What is money, how is its transfer conceptualised legally? Chattel and bank money
What is payment and how is it made?
Credit and debit transfers
Clearing and settlement systems
Legal relationships
Accounts and dispute resolution
o Accounts: types of accounts and their implications
o Dealing with complaints: Banking Codes, Financial Services Ombudsman Service
Module D [LWM72D]
Sequence: modules A, B and C must be attempted before module D
Cheques and payment cards
Cheques
o What is a cheque, the obligations of, and defences available to, paying and collecting banks
Payment cards and recovering mistaken payments
o Payment cards: debit cards, credit cards, charge cards, digital cash cards, etc.
o Contractual relationships
o Consumer Credit Act
o Recovering mistaken payments.
Commercial trusts law
Module A [LWM06A]
The nature of commercial trusts
Equity, trusts and commercial expectations
The contractarian account of trusts
Unit trusts and other financial uses of trusts
The constitution of express trusts in commercial transactions
Module B [LWM06B]
Sequence: module A must be attempted before module B
Equitable devices used to take security in commercial contracts
Taking security in loan contracts
Equitable charges
Establishing title at common law and in equity
Example: collateralisation in financial transactions
Module C [LWM06C]
Sequence: module A must be attempted before module C
The recovery of property in commercial litigation
Breach of trust in commercial and investment transactions
Recovery of property in relation to terminated transactions
Personal liability to account of commercial intermediaries
Case study: the local authority swaps cases
Module D [LWM06D]
Sequence: module A must be attempted before module D
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