General Course Information
1.1 Course details
| Course code: | LLAW6093 / JDOC6093 (Class A) |
| Course name: | Regulation of Financial Markets |
| Programme offered under: | LLM Programme / JD Programme |
| Semester: | First |
| Prerequisites / Co-requisites: | No |
| Credit point value: | 9 credits / 6 credits |
| Cap on student numbers: | 110 |
| Remarks: | Students of LLM(CR) are not allowed to take this course. |
1.2 Course description
The objective of the course is to develop an understanding of the development of financial markets, the role and function of financial markets, their risks and international efforts to address those risks, including the role of technology in finance (FinTech) and regulation (RegTech). The course does not aim to address substantive law, but rather to address the risks and issues underlying the development of stable and robust financial markets. In relation to skills, the course seeks to provide an understanding of globalisation of financial markets and implications for individual economies, enabling students to apply this understanding in the context of financial markets.
1.3 Course teachers
| Name | E-mail address | Office | Consultation | |
| Course convenor | Evan Gibson | egibson8@hku.hk | CCT 801 | 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 and regulation 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 LLM and JD Programme Learning Outcomes (PLOs)
Please refer to the following link:
LLM – https://course.law.hku.hk/llm-plo/
JD – https://course.law.hku.hk/jd-plo/
2.3 Programme Learning Outcomes to be achieved in this course
| PLO A | PLO B | PLO C | PLO D | PLO E | PLO F | |
| CLO 1 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| CLO 2 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| CLO 3 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| CLO 4 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Assessment(s)
3.1 Assessment Summary
| Assessment task | Due date | Weighting | Feedback method* | Course learning outcomes |
| Class participation | N/A | 10% | 1, 2, 3, 4, 5 | |
| Group presentation | from 10 Oct 2023 | 20% | 1, 2, 3, 4, 5 | |
| Take home exam | 11 Dec 2023 | 70% | 1, 2, 3, 4, 5 |
| *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/