How do we safeguard the global financial system from catastrophic failures? This course provides you with an introduction to the detailed and complex framework of financial regulation developed in response to crises like the 2007–08 Global Financial Crisis. That pivotal event exposed vulnerabilities and fragilities in the financial system, sparking sweeping reforms to mitigate ‘systemic risk.’
You will explore the goals and strategies of financial regulation, including its application to financial markets, consumer protection, and banking. A major focus is banking regulation, where you will study key topics like capital and liquidity requirements, bank governance, and bank resolution. The course also covers non-bank financial intermediation and current developments in financial regulation.
By the end, you will gain a comprehensive understanding of the principles underpinning financial regulation and the ability to discuss enduring and emerging challenges. With a global perspective, the course highlights key jurisdictions like the US, the UK, and the EU, equipping you to analyse recent episodes, such as the collapse of Silicon Valley Bank and Credit Suisse’s acquisition by UBS.
This interactive, research-driven course positions you at the forefront of a dynamic and evolving field, preparing you to understand and address today’s challenges in the financial system.