SOAS University of London

School of Finance and Management

Regulation of international capital markets

Module Code:
15PFMC061
Credits:
15
Taught in:
Term 1

This module is designed to familiarise students with the main concepts and definitions in the regulation of financial markets. It will also enable students to differentiate the regulatory environments appropriate to different markets and operating in different regions.

Objectives and learning outcomes of the module

The overall objectives of the course are:

  • To familiarise students with the main concepts and definitions in the regulation of the financial markets
  • To enable students to differentiate the regulatory environments appropriate to different markets and operating in different regions

By the end of the course students will:

  • Have a basic knowledge of regulatory issues in finance
  • Be able to evaluate critically and contrast different regimes of regulation

Workload

Lectures
This module consists of a 1-hour weekly lecture over 10 weeks of term plus a revision lecture in term 3 as preparation for the final examination. Students will be supplied with a syllabus with a breakdown week by week of required and additional reading. Reading materials are usually accessed electronically from the BLE and students should come to class prepared.

Tutorials
This module also has a weekly 1-hour tutorial where the questions posed by the tutor relevant to the lecture are explored and discussed by the students. Students also prepare and deliver a short presentation.

Total Work load:
Students on this module will have 2 taught hours each week. Additionally, adequate personal study time should be allocated for reading and class preparation.

Method of assessment

Assessment for this module is in three elements:

  1. One tutorial presentation at 10%
  2. One essay of 2,500 words at 30%
  3. One unseen 2-hour written examination at 60%

All elements except the presentation may be resubmitted.

Suggested reading

Readings
  • Blair, William (ed) (2002) Banking and Financial Services Regulation, Butterworths Law
  • Fernan, Ellis (2001) Regulating Financial Services and Markets in the Twenty- First Century, Charles Goodhart Hart Publishing.
  • Friedland, John H (1994) The Law and Structure of the International Financial System: Regulation in the United States, EEC and Japan Westport, Conn. & London: Quorum.
  • Lee, Ruben (2000) What is an Exchange? The Automation, Management and Regulation of Financial Markets Oxford: Oxford University Press.
  • Oditah, Fidelis (1996) The Future for the Global Securities Market: Legal and Regulatory Aspects Oxford: Clarendon Press
  • Steil, Bean (1994, ed.) International Financial Market Regulation Chichester: Wiley.

Disclaimer

Important notice regarding changes to programmes and modules