General Course Information

1.1 Course details

Course code: LLAW3069
Course name: Regulation of Financial Markets
Programme offered under: LLB Programme
Semester: First
Designated research course: Yes
Specialization: Commercial, corporate and financial law
Prerequisites / Co-requisites: Business Associations or equivalent
Course offered to non-law students: Yes
Credit point value: 6 credits

1.2 Course description

This course addresses the nature and operation of financial markets and the role of regulation. Coverage, based on comparative analysis and international standards, will include major financial sectors (banking, securities, insurance), supporting legal and institutional structures, and current issues and trends. Core themes are: the nexus between finance, technology and regulation (FinTech and RegTech), competition between globalisation and fragmentation, and the role of finance in crises and sustainable development.

1.3 Course teachers

Name E-mail address Office Consultation
Course convenor Douglas Arner douglas.arner@hku.hk CCT 909 By email

Learning Outcomes

2.1 Course Learning Outcomes (CLOs) for this course

CLO 1 Have an understanding of the functioning and regulation of global financial markets, especially in major financial centres such as Hong Kong.

CLO 2 Understand the role of law, regulation and technology in global finance.

CLO 3 Be able to analyse major risks in global financial markets and regulatory responses.

CLO 4 Be able to critically discuss financial regulatory reforms addressing global finance.

2.2 LLB Programme Learning Outcomes (PLOs)

Please refer to the following link: https://course.law.hku.hk/llb-plo/

2.3 Programme Learning Outcomes to be achieved in this course



3.1 Assessment Summary

Assessment task Due date Weighting Feedback method* Course learning outcomes
Class participation N/A 10% 1, 2, 3, 4
Group presentation TBC 40% 1, 2, 3, 4
Take home exam 20 Dec 2023 50% 1 1, 2, 3, 4
*Feedback method (to be determined by course teacher)
1 A general course report to be disseminated through Moodle
2 Individual feedback to be disseminated by email / through Moodle
3 Individual review meeting upon appointment
4 Group review meeting
5 In-class verbal feedback

3.2 Assessment Detail

To be advised by course convenor(s).

3.3 Grading Criteria

Please refer to the following link: https://www.law.hku.hk/_files/law_programme_grade_descriptors.pdf

Learning Activities

4.1 Learning Activity Plan

Seminar: 3 hours / week for 12 teaching weeks
Private study time: 9.5 hours / week for 12 teaching weeks

Remarks: the normative student study load per credit unit is 25 ± 5 hours (ie. 150 ± 30 hours for a 6-credit course), which includes all learning activities and experiences within and outside of classroom, and any assessment task and examinations and associated preparations.

4.2 Details of Learning Activities

To be advised by course convenor(s).

Learning Resources
5.1 Resources

Reading materials: Reading materials are posted on Moodle
Core reading list: TBA
Recommended reading list: TBA

5.2 Links

Please refer to the following link: http://www.law.hku.hk/course/learning-resources/