Regulation and Supervision of Financial Markets

General characterization

Prerequisites

Available soon

Bibliography

Available soon

Teaching method

Lectures combining introductory and explanatory presentations by the lecturer with the discussion and analysis of previously assigned materials and/or topics.

Evaluation method

Students may choose between two types of assessment: (i) an assessment exclusively based on the grade obtained at the final written exam (100%); or (ii) an assessment based on the weighted average resulting from the grade obtained in the final written exam (50%) combined with the grade resulting from active participation in the classroom (50%). The latter will require the reading of materials on and discussion of preselected topics

Subject matter

1. The regulation and supervision of the financial system: introduction; financial regulation in the wider context of public regulation; financial system (elements, functioning, justification, and purpose; recent trends and developments); financial regulation and supervision (justification, objectives and limitations; institutional models).


2. Financial regulation and supervision: the international layer: introduction; the Financial Stability Board (FSB); the Basel Committee on Banking Supervision (BCBS), IOSCO and IAIS; from Basel I to Basel III and beyond


3. Financial regulation and supervision: the EU layer: from fundamental freedoms and mutual recognition to the Single Rule Book; the European System of Financial Supervision (ESFS)


4. The Banking Union: origins; the Single Rulebook; the Single Supervisory Mechanism; the Single Resolution Mechanism (SRM); and the European Deposit Insurance Scheme (EDIS)?


5. Capital Markets Law: overview

Programs

Programs where the course is taught: