banking laws

Banking laws are rules and regulations that govern how banks operate, ensuring stability, security, and fairness in financial transactions. They set standards for how banks handle customer deposits, loans, and investments, and require them to maintain certain capital levels to protect against failures. These laws also include measures to prevent fraud, money laundering, and protect consumer rights. Regulators, such as central banks and financial authorities, enforce these laws to maintain confidence in the financial system and promote economic stability. Overall, banking laws balance the interests of consumers, banks, and the economy.