The module provides an overview of monetary and financial regulation drawing on a comparative study of the law in relevant financial centres in the US, UK, EU and Japan as well as on the increasing corpus of international financial ‘soft law’ (such as the Basel capital rules) and considers the dynamics of financial regulation in emerging economies. The module goes beyond the description of the black letter law and explains the underlying economic and political forces which bring that law into being, analysing the interaction between law and finance. Focus is on regulatory issues, and not on contractual or transactional aspects.
4 hour examination
30 Credits