LAW 7360

International Financial Regulation

Course Description

Course information provided by the Courses of Study 2014-2015.

This is a unique seminar, offered by the former deputy CEO, General Counsel and member of the Executive Board of the Swiss financial markets regulator, FINMA. It provides an introduction to the international regulation of the financial markets. No prior familiarity with financial regulation is required. The course will begin with a basic review of the principal features and reasons for financial regulation, including consideration of the global financial crisis, as well as the anti-competitive and protectionists effects that financial regulation can have. The seminar will also discuss the principal bodies involved in international financial regulation, such as the Financial Stability Board and the Basel Committee on Banking Supervision, as well as their principal functions. A particular discussion will focus on the system and limits of the Basel Committee's Capital Standards and the role of the IMF in Financial Regulation. Conflicts of law and cross-border enforcement issues will also be studied, with a particular focus on recent examples, including in derivatives regulation, international bank resolution, the LIBOR-case and the Swiss-U.S. tax dispute. Short written papers and short oral presentations will be required.

When Offered Fall.

Permission Note Limited enrollment.
Prerequisites/Corequisites No prerequisites although students should have taken Business Organizations in a prior semester or concurrently this semester.

Comments Some sessions of this course will be conducted by video conference.

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