Law study workspacePractice + cases + tools

Banking Law Practice Exam

Practice Banking Law exam questions covering core doctrines, issue spotting, applied analysis, and exam-ready explanations.

Open free questions

Open the free questions first, then return for cases, flashcards, and the study map.

Free questions

Total questions

Real exam questions

70%

Pass mark

Recommended study path

A practical sequence that moves from issue maps to questions, cases, and IRAC planning.

115 min plan

120 min

Map the issues and elements

Start with the bank-customer relationship and turn each coverage area into an issue checklist.

230 min

Attempt the free diagnostic quiz

Use the first score to identify weak topics before reading long notes.

335 min

Brief leading authorities

For each case, capture facts, issue, rule, reasoning, exam use, and current-law status.

430 min

Draft an IRAC answer plan

Use payment systems and funds transfer to practise issue spotting, authority selection, and balanced conclusions.

Syllabus coverage

01. The Bank-Customer Relationship

Nature and formation of the banker-customer contract (Foley v Hill)

Duties of the bank: mandate, confidentiality, skill and care, honouring cheques

Duties of the customer: care in drawing instruments, notification of irregularities

Termination of the relationship: death, mental incapacity, bankruptcy, closure

Banker's lien, set‑off and combination of accounts

Remedies for breach: wrongful dishonour, misuse of confidential information

02. Payment Systems and Funds Transfer

Legal framework: Payment Services Regulations 2017, Bills of Exchange Act 1882, Cheques Act 1957

Payment instruments: cheques, bills of exchange, electronic funds transfers (CHAPS, BACS, Faster Payments)

Unauthorised and incorrectly executed payments: liability allocation and reimbursement

Cross‑border payments and currency conversion obligations

Cheque clearing, crossing and the collection bank's protections

Payment system oversight and systemic risk

03. Lending and Security

Types of lending: overdrafts, term loans, revolving credit facilities

Security interests: mortgages, fixed and floating charges, pledges, guarantees and indemnities

Creation, perfection and registration of company charges (Companies Act 2006)

Enforcement of security: power of sale, appointment of a receiver, foreclosure

Insolvency implications: insolvency set‑off, avoiding antecedent transactions, admin and liquidation

Syndicated lending and intercreditor arrangements

04. Banking Regulation and Supervision

Regulatory architecture: PRA and FCA under FSMA 2000, the 'twin peaks' model

Authorisation to accept deposits and the PRA threshold conditions

Prudential regulation: capital adequacy (CRR/CRD IV), liquidity, large exposures

Conduct of business regulation: BCOBS, MCOB, FCA Principles for Businesses

Recovery and resolution: Banking Act 2009 special resolution regime, bail‑in

Deposit guarantee scheme and investor protection under FSCS

05. Consumer Credit and Protection

Regulated consumer credit agreements under the Consumer Credit Act 1974 and FCA CONC

Pre‑contractual information, adequate explanations and creditworthiness assessment

Right of withdrawal, early settlement and cooling‑off periods

Unfair relationships: sections 140A-140C CCA, court's discretion

Default, termination and enforcement: default notices, time orders, repossession

Financial promotions, distance marketing and digital credit offers

06. Financial Crime and Compliance

Anti‑money laundering framework: POCA 2002, Money Laundering Regulations 2017

Customer due diligence (CDD), enhanced due diligence and simplified due diligence

Suspicious activity reporting (SAR) and tipping‑off provisions

Sanctions compliance: UK sanctions regimes and the Office of Financial Sanctions Implementation

Fraud prevention and internal fraud controls in banking

Data protection in banking: GDPR/DPA 2018, subject access requests, data breaches

Jurisdiction lens

England & WalesPrimary

Primary launch focus for legal study notes, case summaries, and citation guidance.

Common law comparison

Comparison notes highlight where common-law reasoning differs by jurisdiction.

United States

Useful for bar-style multiple choice and federal/state contrast notes where reviewed.

Trust metadata

Reviewed by: LawConquer AI content review - Exam content generation pipeline
Last reviewed: 2026-06-03
Confidence note: Generated from public syllabus and current-law guardrails; verify jurisdiction-specific changes before relying on local rules

Study monthly plan

Unlock the full Banking Law Practice Exam workspace

Get the full question bank, mock exam paths, flashcards, mind maps, case briefs, and essay-use prompts across every LawConquer subject.

Unlimited premium practice banks
Smart flashcards and spaced review
Visual mind maps for every subject
Case briefs and essay-use prompts

Study Monthly

$147/mo

Secure Stripe checkout. One monthly plan, no extra tiers.