LWMTBLD-International Banking and Finance Law (Distance Learning)

Module Provider: School of Law
Number of credits: 20 [10 ECTS credits]
Terms in which taught: Autumn term module
Non-modular pre-requisites:
Modules excluded:
Module version for: 2016/7

Module Convenor: Dr Andrea Miglionico

Email: pr909131@reading.ac.uk

Summary module description:

The module reviews the major issues in international banking and financial law. It therefore reviews the recent financial crisis, capital adequacy, regulation of international securities, regulation of derivative markets, and hedge funds. It also aims to provide a strong working overview of the major themes and core questions that academics and policymakers view as the core challenges to the existing international financial architecture and to efforts at reform.

Assessable learning outcomes:
On successful completion of the module, students should be able to demonstrate:
- The ability to define and analyse the core challenges and responses in key areas of international banking law. Analyse the relevant EU Directives.
- The ability to identify and critically assess banking, hedge fund regulation, and many other important issues in financial law related to risk.
- The ability to identify and critically assess the corporate governance related dimension of the recent crisis and many critical international banking law reform initiatives.
- The ability to identify and critically assess the capital adequacy rules and Basel III, as well as the nature, development, and resolution of financial crises.

Additional outcomes:
The module will encourage the development of:
- High-level writing skills through close and critical analysis of both primary and secondary source material
- An ability to apply theoretical and contextual knowledge to practical problems that face people working in the field
- A sophisticated appreciation of the inter-play between law and finance

Outline content:
The module takes an interdisciplinary approach in exploring how the international financial crisis developed, and what are the core aspects involved in its history and its on-going resolution. It focuses on key issues every week that require students to understand core areas of international banking law such as capital adequacy, risk management and supervision, regulation of structured finance and hedge funds, as well as bond and other financial law related issues. Students learn how the rules and regulations interplay with markets and government to create a complex international financial and banking regulatory scheme.

1. Banking systems, banking supervision
2. How banks are regulated: capital adequacy requirements
3. How banks are governed: structures and corporate governance
4. Activities of banks: payment systems, provision of finance
5. European and global financial crises
6. Loans
7. Loan documentation
8. Bonds and securitisation
9. Derivatives and hedge funds
10. Financial stability and Global reform proposals

Brief description of teaching and learning methods:
There will be a mixture of audio-recorded lectures and on-line tutorials.
The on-line tutorials re-create a seminar environment in a virtual space. The tutor and the students communicate in real time via audio or written messages in the chat box. Discussions will be based on tutor-provided material in order to deepen student learning and encourage engagement with the study material.

Students will also be given the opportunity to submit a formative assessment which will be marked and returned with feedback. The mark will not count towards the module total, but the feedback is intended to provide both students and tutor with the opportunity to see how they are progressing and how they can improve, if necessary.

Contact hours:
  Autumn Spring Summer
Lectures 12
Tutorials 8
Guided independent study 180
Total hours by term 200.00
Total hours for module 200.00

Summative Assessment Methods:
Method Percentage
Written assignment including essay 100

Other information on summative assessment:
1 x 15 page essay (formatted in accordance with the School of Law’s Assessed Work Rules)

Formative assessment methods:
One formative assessment task which is an important component of students’ progress towards the learning outcomes of the module.

Penalties for late submission:

Penalties for late submission on this module are in accordance with the standard University policy.
Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information: http://www.reading.ac.uk/internal/exams/student/exa-guidePG.aspx

Length of examination:

Requirements for a pass:
50% overall

Reassessment arrangements:
See School of Law PGT Programme Handbook

Additional Costs (specified where applicable):
1) Required text books:
2) Specialist equipment or materials:
3) Specialist clothing, footwear or headgear:
4) Printing and binding:
5) Computers and devices with a particular specification:
6) Travel, accommodation and subsistence:

Last updated: 21 December 2016

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