Banks Operations and Banking Secrecy

Course details

Objectives :

• Familiarize participants with the legal basis for the operations of banks of various kinds, particularly the recent.
• Familiarize participants with traditional operations such as opening bank accounts and credit and accepting deposits, leasing iron cupboards, and hawala banking and banking bail and the letter of guarantee and documentary credit and collection policies and discount documentary securities and overdrafts as well as margin trading.
• Inform participants on the concept of banking secrecy and its impact on doing business in money laundering operations.

Contents :

• Introduction of banks and the legal principles upon which the banks and the general rules in the management of banks as reflected in the corporate and banking law legislation with a statement that the legislation governing the work of banks.
• Traditional bank operations such as opening accounts and accepting deposits and lending, leasing iron cabinets and new provisions dealing in check.
• Banking facilities in bank operations such as direct and indirect facilities and what became known as the financial dependence of acceptance and financial dependence security and persity of direct and indirect facilities such as giving loans and account overdrafts and discount commercial paper and sponsorship and bank letter of guarantee and letter of credit, credit cards and margin trading.
• The definition of bank secrecy.
• Operations covered by the provisions of banking secrecy.
• Legislation that took banking secrecy.
• In charge of confidentiality.
• Penalty prejudice to the implementation of the provisions of banking secrecy.