The impact of deposit Insurance and bank resolution on financial contracts

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University of Pretoria

Abstract

My research considers whether deposits made into banking accounts by bank customers are protected in the event of a bank failure through common law as well as existing and proposed legislative frameworks. The contractual relationship between a bank and its customer is assessed as well as the impact of a bank failure on that relationship. It is submitted that a bank failure could be construed as a breach of contract with suitable remedies to protect depositors and stabilize the financial sector during financial distress.

Description

Mini Dissertation (LLM)--University of Pretoria, 2019.

Keywords

UCTD, Mercantile Law, Financial Contracts

Sustainable Development Goals

Citation

Monyela, MM 2019, The impact of deposit Insurance and bank resolution on financial contracts, LLM Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/72930>