Australian Banking Law_Take Home Exam

  BANKING AND FINANCE LAW TAKE HOME EXAM 1 Provide an overview of the legislation that governs the Banking and financial services industry and discuss the role of the various regulators such as ASIC and APRA. How effective have they been especially given the recent events in the Royal Commission into the banking sector? 2 Discuss the bank and customer relationship and comment on the importance of this relationship for the proper maintenance of integrity in the banking sector. 3 Discuss the importance of the duties that are owed by the various parties to a banking transaction? 4 What are the various types of payment systems and why they are important for the stability of the banking system? 5 Describe the various types of lending and discuss the importance of regulation in relation to such types of lending practices