Accounting and Finance

This course provides an understanding of the legal framework in which banks and insurance companies operate; introduces the nature of banking and insurance regulations and regulators; iscusses regulations related to bank establishment and bank operation; discusses laws relating to capital requirements and reporting; covers insurance laws related to the insurance contract, tariff setting, and claim settlement process; deals with corporate governance of banks and insurance companies and important provisions of acts related to the conduct of banking and insurance businesses.

The aim of this course is to familiarize students with the legal environment and framework in which banking and insurance companies operate.
Specifically, the course enables students to comply with banking and insurance regulations while working in banks and insurance industries.