General Course Information
1.1 Course details
| Course code: | LLAW6127 / JDOC6127 |
| Course name: | Current Issues in Financial Law |
| Programme offered under: | LLM Programme / JD Programme |
| Semester: | June |
| Prerequisites: | Law of International Finance 1; plus at least two of Law of International Finance 2, International Securities Law, Securities Regulation 1, Securities Regulation 2, Banking Law or Credit and Security Law |
| Credit point value: | 9 credits / 6 credits |
| Cap on student numbers: | 20 [priority to LLM(CFL) and LLM(CR) students] |
1.2 Course description
Current Issues in Financial Law is a reflective and topical course for students nearing the completion of their degree programmes, who will typically have completed Law of International Finance 1, and at least one of Banking Law, Credit and Security Law, International Securities Law, Law of International Finance 2, Securities Regulation 1 or 2.
The course covers ongoing and contentious topics in financial, banking and securities law, and post–crisis reforms in regulation dealing with financial stability, misconduct and codes of business or product conduct. It will examine these and other issues according to events and developments at the time of the course, both locally and at international level.
Issues to be examined include judicial shocks and risks for commercial parties; recent OTC derivatives cases and the choice of arbitration in contract disputes; Hong Kong’s prospects as an international financial centre; recent cases and current concerns in insolvency law; ethics in finance, benchmark reform and financial misconduct; and aspects of gender diversity in financial law; and the ‘reasonable person’ in judicial decisions.
1.3 Course teachers
| Name | E-mail address | Office | Consultation | |
| Course convenor | Paul Lejot | plejot@hku.hk | CCT 304 | Tue-Fri 1500-1800 by appointment |
Learning Outcomes
2.1 Course Learning Outcomes (CLOs) for this course
CLO 1 Students will be expected to apply their insight from topics studied in completed courses in the LLM programmes in Corporate & Financial Law and Compliance & Regulation to current and potential problems in financial or securities markets.
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 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Assessment(s)
3.1 Assessment Summary
| Assessment task | Due date | Weighting | Feedback method* | Course learning outcomes |
| Class presentation | TBC | 35% | 1, 2, 5 | 1 |
| Take home assignment | TBC | 65% | 1, 4 | 1 |
| *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: | 11 three-hour seminars in an intensive mode in the June semester |
| 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: | Posted regularly at Moodle during the course |
| Core reading list: |
|
| Recommended reading list: | N/A |
5.2 Links
Please refer to the following link: http://www.law.hku.hk/course/learning-resources/