/ˈbæŋkɪŋ lɔː/ – Phrase
Definition: luật ngân hàng.
A more thorough explanation: Banking law refers to the body of laws and regulations that govern the operation and activities of banks and financial institutions. These laws cover a wide range of issues, including the establishment and licensing of banks, the regulation of banking activities, consumer protection, anti-money laundering measures, and the resolution of disputes between banks and their customers. Banking law is designed to ensure the stability and integrity of the banking system and to protect the interests of depositors and other stakeholders.
Example: The banking law requires financial institutions to maintain certain capital reserves to ensure stability in the banking system.