Prof C Lupton

Overview

Cayle Lupton, LLB LLM LLD (UJ), CTFC (LIBF), is an Associate Professor of Law at the Faculty of Law of the University of Johannesburg, where he specialises in banking law, with a particular focus on trade finance, financial crime and targeted financial sanctions. He has undertaken various research engagements with bodies such as the United Nations Office on Drugs and Crime (UNODC), the United States Agency for International Development, and the Banking Commission of the International Chamber of Commerce South Africa (ICCSA). Having an established body of published work, Cayle’s research has been cited authoritatively at both the national and international levels, most recently by the Court of Appeal of Singapore in Kuvera Resources Pte Ltd v JPMorgan Chase Bank, N.A. (2023) SGCA 28 par 71 and UNODC in World Wildlife Crime Report: Trafficking in Protected Species (2024) 104. Cayle is the Director of the Centre for Banking Law, a research centre of the University of Johannesburg responsible for stimulating legal research of relevance to banking and financial institutions. Under Cayle’s leadership the Centre has achieved several milestones, including having consistently facilitated key national and international research projects, secured funding and sponsorships for research activities, published numerous books, and expanded the Centre’s research and supervision capacity. The Centre for Banking Law promotes collaboration and partnership with stakeholders (including academics, private institutions, regulators and government agencies) to address important developments in the banking and finance environment. Cayle is an Admitted Attorney of the High Court of South Africa and a Certified Anti-Money Laundering Specialist (ACAMS), combining academic expertise with practical experience as a commercial lawyer. He serves as chairperson of the Banking Commission of the ICCSA and is frequently called upon to provide legal expertise in the form of legal opinions and advisory work on matters typically involving major banks and financial institutions. TEACHING RESPONSIBILITIES Cayle’s teaching experience extends to various qualification levels and courses, including: Diploma (Diploma in Paralegal Studies: Civil Law) Undergraduate (LLB: Administrative Law; and Bachelor of Accounting: Commercial Law and Introduction to Law) Postgraduate (LLM: Banking Law and Financial Services Regulation) RESEARCH INTERESTS Banking law, with a particular focus on trade finance, financial crime and targeted financial sanctions SUPERVISION Cayle supervises postgraduate research (LLM/LLD) in the field of banking law RESEARCH OUTPUT A list of Cayle’s published work is provided below: Journal articles Lupton “Combating financial crime: the potential and regulation of artificial intelligence” (2025) (1) Tydskrif vir die Suid-Afrikaanse Reg / Journal of South African Law 59 (with Reddy, S) Lupton “Sanctions compliance as a basis for non-performance of contractual obligations” (2024) (6) 100101 Journal of Economic Criminology 1 Lupton “The cryptocurrency conundrum: the emerging role of digital currencies in geopolitical conflicts” (2024) Vol 31 (6) Journal of Financial Crime 1622 (with Tiwari, M; Bernot, A; and Halteh, K) Lupton “Illegal wildlife trade: the critical role of the banking sector in combating money laundering” (2023) Vol 26 (7) Journal of Money Laundering Control 181 Lupton “Issuance of independent guarantees by insurance companies” (2023) 48 (1) Journal for Juridical Science 16 (with Huneberg, S) Lupton “An analysis of the preclusion rule in documentary credit law with specific reference to the position of nominated and confirming banks” (2023) (2) Tydskrif vir die Suid-Afrikaanse Reg / Journal of South African Law 235 (with Hugo, C) Lupton “A comparative analysis of the targeted financial sanctions regulatory framework of the European Union and United Kingdom: lessons for South Africa” (2023) Vol 86 (1) Tydskrif vir Hedendaagse Romeins-Hollandse Reg / Journal of Contemporary Roman-Dutch Law 40 Lupton “A critical evaluation of the use of sanctions clauses in letters of credit” (2022) Vol (25) Potchefstroom Electronic Law Journal 1 Lupton “‘On demand payment’ character of independent guarantees” (2022) (3) Tydskrif vir die Suid-Afrikaanse Reg / Journal of South African Law 569 Lupton “ AXA Insurance Pte Ltd v. Chiu Teng Construction Co Pte Ltd [2021] SGCA 62 [Singapore]” (2021) Vol 25 (7) Documentary Credit World 19 Lupton “Emergence of illegality in the underlying contract as an exception to the independence principle of demand guarantees” (2020) Vol 53 (3) Comparative and International Law Journal of Southern Africa 1 (with Kelly-Louw, M) Lupton “ Tecnicas Reunidas Saudia For Services and Contracting Co Ltd v. The Korea Development Bank 2020 EWHC 968 (TTC) [England]” (2020) Vol 24 (8) Documentary Credit World 12 Lupton “ Investec Bank Ltd v. Lombard Insurance Company Ltd and Another (case no. 69330/2018) [2019] ZAGPPHC 251 (26 June 2019) [South Africa]” (2020) Vol 24 (6) Documentary Credit World 21 Lupton “Demand guarantees in the construction industry: recent developments in the law relating to the fraud exception to the independence principle” (2019) Vol 31 (3) South African Mercantile Law Journal 399 Book chapters 15. Lupton “Illegal wildlife trade as a method of financing terrorism” in Goldbarsht, de Koker and Ferrill (eds) The Financial War on Crime and Terrorism: Opportunities and Challenges (European Yearbook of International Economic Law), Springer (forthcoming 2026) 16. Lupton “The nexus between the illegal wildlife trade and financial crime: a brief introduction” in Lupton (ed) Annual Banking Law Update: Perspectives on Trends, Challenges and Developments in the Financial Services Sector (2025) Juta 16 (with Müller, E) 17. Lupton “South Africa’s controversial relationship with Russia: exploring the risks of the United States’ targeted financial sanctions for South African banks” in Kelly-Louw and Lawack (eds) Contemporary Banking and Finance Law (2025), Juta 415 18. Lupton “Higher education institutions and construction contracts: the demand guarantee as a means of security” in van Eck and Domingo (eds) The Business of Higher Institutional Education – Integrating Academic Freedom, Pedagogical Approaches and Constitutionalism (2024), UJ Press 47 19. Lupton “Development of and influences on the South African law of sale of goods in the absence of European-like directives” in Möllers and Van der Linde (eds) On the 4th Industrial Revolution – Legal Perspectives from Germany and South Africa (2024), Nomos 221 (with Hugo, C) 20. Lupton “Blockchain-based letters of credit” in Hugo (ed) Annual Banking Law Update (2024), Juta 54 Edited collections 21. Lupton and Stoop (eds) The Intersection of the Law and Technological Innovation (2025) Juta 1-325 22. Hugo and Lupton (eds) Annual Banking Law Update: Recent Legal Developments of Special Interest to Banks (2025) Juta 1-280 23. Lupton (ed) Annual Banking Law Update: Perspectives on Trends, Challenges and Developments in the Financial Services Sector (2025) Juta 1-196 Other 24. Book review: Lawack (ed) Fintech Law and Regulation: An African Perspective (2023) in Tydskrif vir die Suid-Afrikaanse Reg / Journal of South African Law (2024) (4) 846 25. Blog post: “Illegal wildlife trade: the critical role of the banking sector in combating money laundering” (2024) National University of Singapore 26. “Letters of credit and demand guarantees: a legal study on the impact of targeted financial sanctions from a South African perspective” (2022) LLD thesis University of Johannesburg.