Postgraduate Module Descriptor
LAWM080: International Banking Law
This module descriptor refers to the 2020/1 academic year.
|Term(s) and duration|
This module ran during term 1 (11 weeks)
Dr Radek Stech (Convenor)
|Available via distance learning|
This module introduces you to key aspects of the operation of the law of international commercial banking (and shadow banking), paying particular attention to both transactional and regulatory elements of the subject, including securities finance. You will examine the regulatory structure in which banks operate at an international, EU and UK level, looking for example at the role of Fintech, the Bank of International Settlements, the European Central Bank, EU European Banking Authority and the roles, in the UK of the Prudential Regulatory Authority and Financial Conduct Authority. You will learn about and engage with the Sustainable Finance, the Law and Stakeholders (SFLS) Research Network, which is collaborating with global partners to improve and transform global banking and broader securities finance culture. You will learn about the roles of the World Bank Group, International Monetary Fund, the Financial Stability Board and International Capital Markets Association, alongside innovative and niche groups and think-tanks such as the Global Alliance for Banking on Values and World Pensions Council. You will learn about the causes of the Global Financial Crisis and critically discuss the current regulatory and developments aimed at avoiding future crises. You will be exposed to the key aspects of common law relating to banking. You will have the opportunity to discuss the banker-customer relationship, to look at the operation of syndicated loans in relation to international project finance, and to reflect on the increasing role environmental considerations play in relation to bank lending for major construction projects and in particular the operation of the Equator Principles. Further, you will consider the control of money laundering and terrorist financing, as well as the duties imposed on banks to assist the law enforcement agencies. The module may include presentations from guest lecturers.