Legal aspects of internet banking related to international business transactions

Table of Contents

• Chapter 1 Introduction
• Problem statement
• Aim and method of research
• Conceptualisation
• Banking group
• Branch of a bank
• Data
• Electronic banking
• Electronic money
• Internet banking
• Money laundering
• Profiling
• Transaction
• Structure of the Thesis
• Chapter 2 Internet banking: changing the face of financial services
• Introduction
• Virtual banks: future of banking
• Main risks for electronic banking
• Chapter 3 Jurisdiction: the cross-border nature of the Internet
• Introduction to the Jurisdiction
• The problem of targeting the Internet bank customers
• Supervision of e-banking: need for international cooperation
• Chapter 4 Internet banking: selected issues
• Introduction
• Data protection and consumer privacy
• The importance of privacy: risks
• Regulation in the United Kingdom
• Regulation in South Africa
• Consumer profiling
• Providing services
• Regulation in the United Kingdom
• Regulation in South Africa
• Advertising internet banking services
• Regulation in the United Kingdom
• Regulation in South Africa

Objectives and Key Themes

This study delves into the legal issues arising in the field of electronic or Internet banking, focusing on the potential and challenges of this evolving sector. It analyzes the development of e-banks, the legal complexities of cross-border services, and the need for robust regulation.

• Legal implications of Internet banking
• Cross-border nature of online financial services
• Data protection and consumer privacy in the context of Internet banking
• Regulation of e-banking services in various jurisdictions
• The impact of Internet banking on traditional banking models

Chapter Summaries

Chapter 1 provides an introduction to the problem statement, outlining the rapid growth of the internet and the relatively slow development of legislation in this field. It defines key concepts and highlights the importance of a comprehensive legal framework to address the unique challenges posed by internet banking.

Chapter 2 discusses the transformation of financial services brought about by Internet banking, exploring the rise of virtual banks and the inherent risks associated with electronic banking.

Chapter 3 delves into the complexities of jurisdiction in the context of internet banking, highlighting the challenges of targeting customers across borders and the need for international cooperation in regulating e-banking services.

Chapter 4 examines selected issues related to internet banking, including data protection, consumer privacy, providing services, and advertising.

Keywords

Internet banking, electronic banking, cross-border transactions, jurisdiction, data protection, consumer privacy, regulation, financial services, virtual banks, legal framework, e-commerce, digital economy.