The course aims at introducing students to the European regulation of the financial sector. The first part of the course intends to provide students with an understanding of the functions of the financial system and institutions through which these functions are performed; an understanding of the core principles and objectives which govern financial regulation; an understanding of the regulatory goals such as the safety and soundness of financial institutions, the investor protection, and the promotion of financial stability.
teacher profile teaching materials
Programme
Basic knowledge of EU financial law using relevant legal texts and European Court of Justice decisions.Core Documentation
John Armour, Dan Awrey, Paul Davies, Luca Enriques, Jeffrey N. Gordon, Colin Mayer, and Jennifer Payne, Principles of Financial Regulation, First edition – Oxford University Press – 2016Reference Bibliography
Case Marus Gelt v Daimler EU:C:2012:397 (trading and market integrity) Case ECHR, Grande Stevens et al. v Italy (Consob) (Administrative or Criminal Sanction: the Ne bis in idem principle) The Regulatory Powers of European Agencies (Case C-270/12 of 22 January 2014, United Kingdom v Parliament and Council) Case T-122/15 of 16 May 2017 Landeskreditbank Baden-Württemberg v ECB (the competence of the ECB within the Single Supervisory Mechanism) Case C-526/2014 of July 2016, Tadej Kotnik and others v Državni zbor Republike Slovenije (right to property versus financial stability) Case C-105/15, of 20 September 2016, Konstantinos Mallis and others v European Commission and European Central Bank (legitimacy of bail-in powers)Type of delivery of the course
Training exercises including: - reading the assigned materials before coming to class - small group work through seminars or cooperative learning groups - prepare for and participate in moot court exercises or mock trials - write briefs - make oral presentationsType of evaluation
oral exam