International Securities Regulation

Subject 730-632 (2009)

Note: This is an archived Handbook entry from 2009. Search for this in the current handbook

Credit Points:
Level: Graduate/Postgraduate
Dates & Locations:

This subject has the following teaching availabilities in 2009:

April, - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: 24 - 26 contact hours per subject.
Total Time Commitment: The time commitment for this subject depends on the candidates background and experience.
Prerequisites: N.A.
Corequisites: N.A.
Recommended Background Knowledge: None
Non Allowed Subjects: None
Core Participation Requirements: N.A.

Coordinator

Assoc Prof Cally Jordan
Subject Overview:

Objectives:

A student who has successfully completed this subject should:

  • Understand the role and significance of United States securities law in international capital markets and its impact on the development of international standards and other domestic systems
  • Understand particular issues relevant to the regulation of cross-border capital markets such as the European Union
  • Understand the trends and issues in capital market development in emerging markets
  • Understand the basic principles of Islamic finance and its implications for international capital markets.

 


Syllabus:

This subject looks at the historical development of, and major trends in, international capital markets from a regulatory perspective.

Principal topics will include:

  • Development of regulatory techniques to address international securities transactions, such as mutual recognition, harmonisation etc.
  • The changing role of stock markets
  • The interplay between regulated and unregulated markets
  • The operation of the Euromarkets and recent attempts to create a pan-European and trans-Atlantic capital market
  • US regulatory initiatives, including Regulation S, Rule 144A, American Depositary Receipts and the Multijurisdictional Disclosure System
  • The role of international financial institutions such as the World Bank and the International Monetary Fund, and initiatives such as the Financial Sector Assessment Programs
  • The role of the International Organization of Securities Commissions and the creation of international standards
  • Developments in developing and transitional markets (e.g. China, Brazil etc.)
  • Islamic finance.

The subject may include a case study of a recent transaction in the international markets.
Assessment:
  • In-class presentation (25%)
  • Take-home examination (75%) (12–15 June)
Prescribed Texts: Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Please visit the subject homepage on the Melbourne Law Masters website by following the link at the bottom of this subject entry.
Breadth Options:

This subject is not available as a breadth subject.
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills: Please see the Subject Objectives for this information.
Links to further information: 730-632International Securities RegulationMelbourne Law Masters, postgraduate law, post-graduate law, graduate law2009P

Objectives:

A student who has successfully completed this subject should:

  • Understand the role and significance of United States securities law in international capital markets and its impact on the development of international standards and other domestic systems
  • Understand particular issues relevant to the regulation of cross-border capital markets such as the European Union
  • Understand the trends and issues in capital market development in emerging markets
  • Understand the basic principles of Islamic finance and its implications for international capital markets.

 


Syllabus:

This subject looks at the historical development of, and major trends in, international capital markets from a regulatory perspective.

Principal topics will include:

  • Development of regulatory techniques to address international securities transactions, such as mutual recognition, harmonisation etc.
  • The changing role of stock markets
  • The interplay between regulated and unregulated markets
  • The operation of the Euromarkets and recent attempts to create a pan-European and trans-Atlantic capital market
  • US regulatory initiatives, including Regulation S, Rule 144A, American Depositary Receipts and the Multijurisdictional Disclosure System
  • The role of international financial institutions such as the World Bank and the International Monetary Fund, and initiatives such as the Financial Sector Assessment Programs
  • The role of the International Organization of Securities Commissions and the creation of international standards
  • Developments in developing and transitional markets (e.g. China, Brazil etc.)
  • Islamic finance.

The subject may include a case study of a recent transaction in the international markets.

  • In-class presentation (25%)
  • Take-home examination (75%) (12–15 June)
N.A. N.A.24 - 26 contact hours per subject.Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Please visit the subject homepage on the Melbourne Law Masters website by following the link at the bottom of this subject entry.Please see the Subject Objectives for this information.The time commitment for this subject depends on the candidates background and experience.N.A.Please see the subject homepage on the Melbourne Law Masters website for up to date timetable information.Assoc Prof Cally JordanLawLawNNNNParkvillePARKVILLEFor the latest information on this subject, please visit: http://www.masters.law.unimelb.edu.au/subject/730632730-6322April

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