Overview of "Ellinger's Modern Banking Law"

"Ellinger's Modern Banking Law" is a comprehensive textbook written by E.P. Ellinger, E. Lomnicka, and C. Hare. The book provides an in-depth analysis of banking law, setting it against the background of general legal doctrines and banking regulation. Here is a detailed overview of the book:

Key Themes

1. Banking Law and Regulation: The book discusses the operation of banking law in the context of its wider economic function, incorporating examples from various jurisdictions such as the UK, the US, Canada, New Zealand, and Australia.
2. Banker and Customer Relationships: It examines the different types of accounts available, the duties and liabilities of banks, and the latest processes used in the clearance of cheques, plastic money, and electronic money transfers.
3. Electronic Banking and Payment: The fourth edition has been fully updated to include recent developments in electronic banking and payment, consumer credit, securities, and financial regulation.
4. Loan and Credit Agreements: The book covers various types of loan and credit agreements, including issues related to overdrafts, bank loans, and credit agreements.
5. Money Laundering and Bank Guarantees: New chapters on money laundering and bank guarantees are included in the fourth edition, ensuring the text remains relevant to undergraduate law courses.

Plot Summary

The book does not have a narrative plot but rather a structured approach to explaining banking law. It begins by setting the context of banking law within general legal doctrines and then delves into specific aspects such as the banker-customer relationship, types of accounts, duties and liabilities of banks, and the latest technological advancements in banking.

Critical Reception

The book has received positive reviews for its comprehensive coverage and up-to-date analysis of banking law. It is considered a significant resource for both undergraduates and postgraduates studying law, as well as practitioners in the field. The inclusion of recent developments and new chapters on critical topics like money laundering and bank guarantees has been particularly praised.

Editions and Updates

The book has been published in multiple editions, with the fourth edition being the most recent. The fourth edition includes significant updates on electronic banking, consumer credit, securities, and financial regulation. It also features an Online Resource Centre with weblinks and twice-yearly updates to keep the information current.

Authors

• E.P. Ellinger: Professor of Law at the National University of Singapore.
• E. Lomnicka: Professor of Law at King's College, London.
• C. Hare: Senior Lecturer in Law at the University of Auckland, New Zealand.

Editions and ISBN

The book is available in multiple editions, with the fifth edition being dated 2011 and having an ISBN of 9780199232093. The fourth edition has an ISBN of 9780199281190 and is available in paperback format.