Course requirements
Master degree in Law. This course is part of the Advanced Master Law and Finance.
More information: https://www.universiteitleiden.nl/en/education/study-programmes/master/law-and-finance
Course information
The financial sector is heavily regulated in nearly all its aspects. This course introduces students to the legislative and regulatory aspects for the financial sector, which will set the stage for the rest of the programme.
The course starts by explaining the function of the financial system and rationale of financial legislation, also in view of systemic risk. We will discuss the strategies used in financial regulation to achieve the goals intended by regulators. The status of the various international bodies, such as the Basel Committee on Banking Supervision (BCBS), the Financial Stability Board (FSB), IOSCO, FATF, as sources of legislative measures will be discussed. Next, we will dive in to financial supervision and enforcement of financial regulation by financial supervisory authorities with a focus on the EU. Then we will explain the architecture of EU financial regulation. The course will wrap up with giving an introduction to the EU Green Deal and the EU Digital Agenda as well as several other EU policy initiatives that impact the financial sector.
Course learning objectives
The following achievement levels apply with regard to the course.
Students understand the function of the financial system and can explain the rationale for financial regulation.
Students can describe the EU architecture of financial regulation and identify the roles of the various EU institutions.
Students are able to explain the EU model for supervision of the financial sector and the various methods of enforcing financial regulation.
Students can critically reflect on the EU policy agenda.
Mode of instruction
Lectures and seminars will be held in a weekly schedule in a classroom setting with mandatory class attendance. Only when required by government regulation or decided by the Programme Board, teaching will be conducted in an online setting.
Number of (2 hour) lectures & interactive seminars: 12
Names of lecturers: Prof. Bart Joosen, Ms. Peggy Bracco Gartner LLM, Prof. Rogier Raas, Ebbe Rogge M.Sc. M.A. LL.M. Ph.D., Dr. Ilya Kokorin
Required preparations by students: reading of prescribed materials, preparation of case studies and any other assignments.
Examination method
Assignment: 30%
Final exam: 70%
The assignment will require you to comment and correct an existing text.
The final exam will be a written exam. The final exam covers all the material delivered during the lectures and the seminars.
Further information about the written assignment and the exam will be communicated to students through Brightspace closer to the due date and exam date.
The final grade, on the scale from 1 (poor) to 10 (outstanding), for the course is established by determining the weighted average of the assignment and final exam and rounded to full grades. Grade 6 (5.5 rounded) is a pass.
Brightspace
Course reader and additional literature is distributed through Brightspace.
Submission of written assignment via Brightspace using Turnitin.
Course materials
The course will require reading of materials consisting of introductory chapters and scholarly articles which will be published or made available via the library as specified in the Course Reader.
Course reader will be available to be downloaded from Brightspace.
Contact
Course Coordinator:
Ms. Peggy Bracco Gartner LLM
Programme Coordinator:
Ms. Orsolya Kalsbeek-Bagdi
Email address: lawandfinance@law.leidenuniv.nl
Disclaimer: Currently these pages are being updated to reflect the courses for 2024 - 2025. Until these pages are fixed as per 1 September 2024 no rights can be claimed from the information which is currently contained within. Should there be any future extenuating circumstances which may impinge our teaching and assessment, these could necessitate modification of the course descriptions after 1 September. This will only happen in the event of strict necessity and the interests of the students will be taken into account. Should there be a need for any change during the course, this will be informed to all students on a timely basis. Modifications after 1 September 2024 may only be done with the approval and consent of the Faculty Board and Programme Director.