LLM in Transnational and European Commercial Law, Banking Law, Arbitration/Mediation > Ιnternational Regulation of the Banking Sector
Ιnternational Regulation of the Banking Sector
Teaching hours and credit allocation: 30 hours, 6 credits
Course assessment: coursework + exam
Aims
This course will cover the legal foundations of European economic integration, with an emphasis on the international regulation of the Banking sector, the European financial system and the European Economic and Monetary Union. The course aims to cover the legal framework and institutions of the European economic order, with a strong emphasis on the International and European financial systems and the European monetary framework (both internally within the Eurozone as well as the external aspects of the European Economic and Monetary Union, i.e. its relationship with the global economic and monetary order). Emphasis is also given to the structural reforms of EU banks and the regulation of shadow banking.
Learning outcomes
On completing the course, students are expected to be able to:
- understand the legal foundations of International & European economic systems and integration
- understand the European Law of financial systems and capital markets
- have an advanced knowledge and understanding of the theoretical underpinnings of international banking and financial regulation as this has been evolving especially in the recent years
- be able to implement the acquired knowledge into their everyday practice as lawyers
- be able to follow future legal developments in the area
- address regulatory problems with regard to internal market
- understand the peculiarities of harmonization in the various areas of banking law
Content
- Types of banks
- International banking regulation
- Economic and monetary union (EMU)
- Legislation relating to chartering or licensing of banks
- European supervisory architecture (EBA, ESMA and EIOPA)
- The Single Supervisory Mechanism and the role of the ECB
- EU banking and moneraty law