BANKING LAW

The course is a core educational activity in the Master's Degree in Economics, curriculum Economics, Markets and Finance.
The course aims to providing a general overview on the activity of banks, investment firms and financial intermediaries The course will also investigate the recent developments in banking law, with the new legislation put in place at international and EU level in the aftermath of the crisis. Focus will be given to the new supervisory architecture in Europe, as well as - above all - to supervision, crisis prevention, crisis management and resolution within the Banking Union.

1. Knowledge and understanding
1.1 Knowledge of the main reforms that unfolded after the financial crisis
1.2 Knowledge and analysis of differences sources of banking law.
1.3 Knowledge of the supervisory practices at national and European and international level
1.4 Knowledge and analysis of the main regulatory strategies applied to banking and finance.

2. Applied skills of knowledge and understanding
2.1 Ability to understand the criticisms and issues of banking and financial law.
2.2 knowledge and understanding of the interaction between European and international developments and economic public law and can take into consideration the international and societal context of economic public law in analysing this legal area.
2.3 Ability to understand how the regulatory bodies function (BIS; FSB; EBA; …)

3. Evaluation
3.1 Understanding of the text of the law.
3.2 Ability to appraise complex circumstances and their legal consequences.
3.3 Capability of balancing the different interests concerning banking and financial law.

4. Communication skills
4.1 Ability to express using the legal terms properly.
4.2 Critical and dialogical interaction with the examiners during the examination.

Mandatory priority exam: see https://www.unive.it/web/en/4624/exams
The course builds upon business law

– Financial Regulation and Supervision Frameworks (+ European Economic Integration)
– EU institutions, EBA and ECB
– banking union rules
– SSM
– SRM
- deposit guarantee schemes

Alexander, K. (2019). Principles of Banking Regulation. Cambridge: Cambridge University Press.

The assessment method consists in a written exam made by open questions and mimicking real case situations.
Regarding grade grading (mode by which grades will be assigned), regardless of the attending or non-attending mode:
A. scores in the 18-22 range will be awarded in the presence of:
- sufficient knowledge and applied comprehension skills with reference to the syllabus;
- limited ability to collect and/or interpret data, making independent judgments;
- sufficient communication skills, especially in relation to the use of specific language pertaining to the
economic operation of public services;
B. scores in the 23-26 range will be awarded in the presence of:
- fair knowledge and applied comprehension skills with reference to the syllabus;
- discrete ability to collect and/or interpret data, making independent judgments;
- fair communication skills, especially in relation to the use of specific language pertaining to the
economic operation of public services;
C. scores in the 27-30 range will be awarded in the presence of:
- good or very good knowledge and applied comprehension skills with reference to the syllabus;
- good or excellent ability to collect and/or interpret data, making independent judgments;
- fully appropriate communication skills, especially in relation to the use of specific language that
pertaining to the economic operation of public services.
D. honors will be awarded in the presence of applied knowledge and understanding with reference to the
program, judgment and communication skills, excellent.

Lectures and seminars

English

written