Pre-requisite: 51123
The law forms a significant part of the general environment within which financial institutions operate. It has an effect on the relationship between governments and financial institutions and more particularly between those institutions and their customers. Any person working in this field requires a thorough grasp of relevant legal principles to ensure that the law is not transgressed and disputes are minimised. Some areas of law covered include the securities industry, negotiable instruments, financial securities and finance of international trade.