LAWS90081 Advanced Payment Devices and Fintech
|Dates & Locations:|| |
This subject has the following teaching availabilities in 2017:
March, Parkville - Taught on campus.Show/hide details
This subject has a quota of 30 students. Please refer to the Melbourne Law Masters website for further information about the management of subject quotas and waitlists.
Timetable can be viewed here.
For information about these dates, click here.
|Time Commitment:||Contact Hours: 29-33 hours |
Total Time Commitment:
The pre-teaching period commences four weeks before the subject commencement date. From this time, students are expected to access and review the Reading Guide that will be available from the LMS subject page and the subject materials provided by the subject coordinator, which will be available from Melbourne Law School. Refer to the Reading Guide for confirmation of which resources need to be read and what other preparation is required before the teaching period commences.
Melbourne Law Masters Students: None
JD Students: None
|Recommended Background Knowledge:|| |
Applicants without legal qualifications should note that subjects are offered in the discipline of law at an advanced graduate level. While every effort will be made to meet the needs of students trained in other fields, concessions will not be made in the general level of instruction or assessment. Most subjects assume the knowledge usually acquired in a degree in law (LLB, JD or equivalent). Applicants should note that admission to some subjects in the Melbourne Law Masters will be dependent upon the individual applicant’s educational background and professional experience.
|Non Allowed Subjects:|| |
Students who have completed any of the below subjects are not permitted to take LAWS90081 Advanced Payment Devices and Fintech:
LAWS70443 Advanced Payment Devices
|Core Participation Requirements:|| |
The Melbourne Law Masters welcomes applications from students with disabilities. The inherent academic requirements for study in the Melbourne Law Masters are:
Students who feel their disability will inhibit them from meeting these inherent academic requirements are encouraged to contact Student Equity and Disability Support.
|Subject Overview:|| |
Payment systems around the globe have gone through tremendous changes and developments in the last decade. The technological and multimedia developments, recent financial crises, commercial changes and financial markets globalisation have all led to the emergence of new advanced payment devices coupled with a rapid rise in non-cash payment transactions. Fintech companies have been quick to follow this trend while striving to enhance digital payments. As payment transactions are a key component in any modern financial system, policy makers, courts and legal practitioners are now facing more challenges than ever before.
The subject deals with the law and practice of payment devices, focusing on the most recent changes and advanced innovations in the payment market. It is designed to provide students with unique knowledge of one of the building blocks of commercial and financial markets from a comparative and global perspective. In the course of studies we will analyse the main payment devices and innovative Fintech payments that are being used these days in Australia and other jurisdictions, while focusing on policy considerations, current legal frameworks, scholarly theories and business practices.
Principal topics include:
|Learning Outcomes:|| |
A student who has successfully completed this subject will
Take-home examination (5,000 - 6,000 words) (100%) (12 - 15 May 2017)
A minimum of 75% attendance is a hurdle requirement.
|Prescribed Texts:|| |
Specialist printed materials will be made available free of charge from the Melbourne Law School prior to the pre-teaching period.
|Breadth Options:|| |
This subject is not available as a breadth subject.
|Fees Information:||Subject EFTSL, Level, Discipline & Census Date|
|Links to further information:||law.unimelb.edu.au|
|Graduate Diploma in Banking and Finance Law |
Graduate Diploma in Legal Studies
Master of Banking and Finance Law
Master of Commercial Law
Master of Laws