A book which takes a comprehensive look at banking law in Ghana has been launched in Accra.
Titled ‘Concise Law of Banking’ was authored by Reverend Mrs Nana Kegya Appiah-Adu, a lawyer and minister of the gospel.
It was as commissioned by the Institute for Law and Development.
The book treats topics such as introduction to banking law, bank regulation, banker-customer relationship, recovery of money paid mistakenly, electronic banking, bank payment cards, offshore banking, credit reporting and money laundering.
The Head of Department, Faculty of Law, Wisconsin International University College, Prof. Edmund Kwaw, who reviewed the book described it as a “tour de force” and recommended it highly.
The Governor of the Bank of Ghana, Dr Ernest Addison congratulated the author and stated that the book was a landmark achievement to cap her illustrious career that started at the Bank of Ghana.
He said the book on banking law contribute to the economic literature of Ghana.
Dr Addison recommended it to policy makers who have an enquiring mind on banking law and the supervisory framework of banking in Ghana.
The President-Elect of the Ghana Bar Association, Mrs Efua Ghartey who was the guest of honour, stated that the book was the first comprehensive book on banking law in Ghana, authored by an experienced female lawyer.
She described the book as a practical guide to banking law and stated that it is “a user-friendly, authoritative, timely, concise, well-researched and instructive literary work on banking law.”
The author, Rev. Mrs Appiah-Adu, who is also the Vice President of the Women’s Forum of the Ghana Bar Association, noted that after qualifying as a lawyer, she worked at the Bank of Ghana for several years where as part of her duties, she taught banking law at the Bank of Ghana Training School.
In 2003, she disclosed that she joined the staff of the Ghana School of Law, where she initially taught Contract Law and was asked to design a banking law course as a commercial law elective programme for professional law students.
“While teaching banking law at the Bank of Ghana Training School and while designing the banking law programme for the Ghana School of Law, I was faced with the challenges of the unavailability of suitable textbooks with cases and materials on Ghana’s banking law,” she stated.
The author further revealed that she did extensive research and incorporated into her notes cases and materials on Ghana’s banking law.
Moreover, Rev. Mrs Appiah-Adu said she started teaching banking law in 2004 and received several requests for a copy of her notes from her students and colleague lawyers.
“I decided to update my notes and compile them into the book titled Concise Law of Banking,” she stated.
According to Rev. Mrs Appiah-Adu the book was suitable for bank customers, banking professionals, other professionals who deal with banking and financial law in their work like judges, lawyers, students, lecturers and researchers.