Banking and Insurance Law

Banking and insurance law regulates the activities of financial institutions, including banks and insurance companies. It covers a range of legal issues related to their operations, such as lending practices, deposit-taking, risk management, and consumer protection. Banking law also governs the creation, operation, and regulation of financial institutions. Insurance law addresses issues related to the purchase, sale, and underwriting of insurance policies, as well as the rights and obligations of insurers and policyholders. Compliance with banking and insurance regulations is essential to avoid legal issues and financial penalties.