Capital Market Regulation
- While the course, we create and develop such students' knowledge and skills. At the same time, we take into account the need to develop both academic and practical skills on a balanced basis for students. So that in future they could choose between academic and practical careers in the field of law, and, perhaps, even combine them. The course is aimed at the interdisciplinary approach to Capital Market Regulation, digital economy and risk assessment of b2b- and b2c- relationships. Namely, the course addresses b2c-contracts between credit organizations, digital and smart contracts, enforcement of which is based on brand-new sophisticated technologies (blockchain, artificial intelligence etc.). During the course the comparative methodology will be applied, i.e. the students will analyze legal provisions of the Russian civil law, the EU law, the US federal law well as the core principles of the Islamic fiqh.
- be ready to face the new technologies like blockchain on a daily basis,
- be ready to operate with both conventional (western) and Islamic financial instruments,
- be well aware of the established regulation on the capital market, in particular the activities of commercial banks, credit rating agencies, organizational and ideological aspects of the deposit insurance system, etc.
- discover ways in which theory and practice overlap for the benefit of business, the national economy, each individual and humanity as a whole,
- have a clear understanding of the instruments of both Russian federal law, EU law, US federal law and international organizations legal acts relating to the regulation of capital market, such as the WTO, the World Bank, international payment systems standards etc.,
- learn relevant professional terminology in Russian and English, as well as academic writing standards.
- understand the mechanism of the digital economy, including the costs of mastering new technologies by business, the order of interaction between business and the state when introducing innovations in the entrepreneurial activity,
- WTO Regulation of Financial Services
- Credit Ratings
- Consumer credits
- Islamic finance
- Regulation of Payments
- Credit reporting
- Regulation of Insurance Contracts
- Financial monitoring and compliance
- FinTech & Smart contracts
- Regulation of financial ombudsmen
- International Financial Markets Cooperation (BRICS and EAEU) (optional, for excellent students only)
- Class attendance and Classroom discussions
- Group presentations
- Individual take-home essays
- Mid-term in-class exam
- Final take-home exam
- 2021/2022 2nd module0.1 * Group presentations + 0.4 * Final take-home exam + 0.1 * Mid-term in-class exam + 0.2 * Individual take-home essays + 0.2 * Class attendance and Classroom discussions
- МОЛОДЫКО КИРИЛЛ ЮРЬЕВИЧ. (2014). Критика концепции договора банковского счета как самостоятельного вида гражданских договоров.
- Lorenzo Sasso. (2016). A Critical Analysis of the Recent Russian Regulation on Credit Rating Agencies. Russian Law Journal, 4(2), 62–82. https://doi.org/10.17589/2309-8678-2016-4-2-62-82