General Course Information
1.1 Course details
| Course code: | LLAW6055 / JDOC6055 |
| Course name: | Law of International Finance |
| Programme offered under: | LLM Programme / JD Programme |
| Semester: | Second |
| Prerequisite / Co-requisite: | No |
| Credit point value: | 9 credits / 6 credits |
1.2 Course description
This course focusses on the law and practice of international finance. The course will cover the fundamental concepts in international finance and the interaction of national and transnational law.
Unlike the course in semester 1 on International Corporate Finance, this semester 2 course is not focussed on fundraising by corporates and the legal issues in connection therewith. Instead, this course is designed to cover more macro issues and demonstrate how the law facilitates and governs advanced finance transactions in the world economy. Topics such as syndicated lending, project finance, structured finance and hedging transactions will be covered.
You may choose to attend this course even if you have not attended the semester 1 course on International Corporate Finance, as this is a standalone module.
Throughout the course, there will be practical role play exercises to simulate real world situations including counterparty negotiation and presentations. There will be an emphasis on application of theory and concepts to practical situations and specific fact patterns in a professional context. The course will also highlight current trends and future challenges given the evolving nature of international finance.
By the end of this course, students will develop essential skills that are required in international finance and international finance law careers, including issue identification, negotiation, commercial reasoning, the application of relevant laws, risk assessment and risk mitigation.
1.3 Course teachers
| Name | E-mail address | Office | Consultation | |
| Course convenor | Hanwen Yu | TBA | N/A | By email |
1.4 Course Outline (for elective course)
| Please click the link here for the course outline (HKU Portal login required). |
Learning Outcomes
2.1 Course Learning Outcomes (CLOs) for this course
CLO 1 Have a sound understanding of the theory and principles that underpin international finance.
CLO 2 Have developed skills that are relevant for international finance and international finance law careers, including issue identification, negotiation, commercial reasoning, the application of relevant laws, risk assessment and risk mitigation.
CLO 3 Be familiar with the structure and features of transaction documents.
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 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Assessment(s)
3.1 Assessment Summary
| Assessment task | Weighting | Feedback method* | Course learning outcomes |
| Class participation | 50% | 1, 2, 3 | |
| Take home assignment | 50% | 1, 2, 3 |
| *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. See also Course Outline above.
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
| Lecture: | 3 hours / week for 11 teaching weeks |
| Private study time: | 9.5 hours / week for 11 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.
Learning Resources
5.1 Resources
| Reading materials: | Posted regularly at Moodle during the course |
| 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/