OAFP 9590 - International Financial Regulation

The course aims at providing students with an overview of the legal and regulatory framework for finance, especially banking, at the international and European levels. It provides both an academic, theoretical framework and a practitioner’s perspective. It presents the most important bodies involved in the governance of globalised and European finance, such as the IMF, BIS, Basel Committee, FATF, EBA/ESMA/EIOPA, ECB/SSM.

It examines international regulation in place, with a focus on the implications of the Global Financial Crisis in sparking regulatory reform.

The course refers to the European Union as a particularly salient experience of regulation and supervision at the regional level, while offering other national examples (e.g., UK, US) in a comparative perspective. Where appropriate, experts from relevant authorities may be invited to offer students a further, hands-on

perspective. Finally, the course also discusses the related topic of sovereign debt restructuring in its legal dimension.

Prior exposure to law would be helpful, but is not mandatory.

Students will be assessed based on their active participation in class (20%), a group presentation (30%) and

a final written exam 50%