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BANK AND INSURANCE LAW COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
BSP212 BANK AND INSURANCE LAW 4 2 2 5

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Understands the legal functioning of the banking and insurance sector.
Explain the concepts of bank law.
Explain the concepts of insurance law
Knows the ethical principles to be complied with within the framework of the bank law numbered 5411.
Knows how and by whom banks are supervised.
Explain the structure, duties and functions of SDIF and BRSA as institutions and boards.
Distinguish types of insurance and basic insurance policies, characteristics of insurance contract and use concepts accordingly.