LEGAL REGULATION OF INTERNET BANKING
The legal regulation of internet banking is a rapidly evolving area of law that requires an understanding of the legal, regulatory, and technological aspects of internet banking. This advanced law course aims to provide students with an in-depth understanding of the legal framework governing internet banking, including the risks and opportunities that come with the provision of banking services through digital platforms.
Course Objectives:
Upon completion of this course, students will be able to:
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Understand the legal framework governing internet banking, including regulations, guidelines, and best practices for online banking services.
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Analyze the risks and challenges associated with internet banking, including security and privacy risks, cross-border regulation issues, and liability for security breaches and fraudulent transactions.
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Evaluate the legal implications of new technological developments in internet banking, including blockchain, artificial intelligence, and digital currencies.
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Develop a comprehensive understanding of the legal and regulatory requirements for internet banking service providers, including obligations related to customer protection, data privacy, and dispute resolution.
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Critically evaluate the role of internet banking in promoting financial inclusion and assess the regulatory challenges in achieving this goal.