77724 International Banking and Finance Law
6cp
Requisite(s): 77885c Legal Process and Legal Research OR 60 credit points of completed study in C04148 Master of Law and Legal Practice
These requisites may not apply to students in certain courses.
There are also course requisites for this subject. See access conditions.
PostgraduateSubject coordinator: C Hawes
This subject is important for students wishing to understand the transnational nature of corporate finance and regulation, and the central place of banks and other financial intermediaries in the globalisation of commerce. This subject is an advanced study of types of cross-border finance, regulation of banking between countries and regions, foreign exchange and derivative markets, and international financial and banking policy. Case studies will cover the US, European Union, East Asia, and emerging markets, with a focus on whether globalisation of banking and finance has beneficial or detrimental social consequences and whether convergence to a single international financial system is desirable or even possible.
Topics covered in the subject include:
- international banking/finance systems
- US securities/banking markets: international aspects
- the Bank for International Settlements, Basel Accord and capital adequacy
- East Asia: Japanese and Chinese banking/capital markets
- risk control: foreign exchange, hedging, derivatives, operational risk
- emerging markets and the debt crisis
- privatisation and the IMF/World Bank
- Europe: Monetary Union and securities/banking markets
- convergence and the globalisation of banking and finance?
This is a semi-intensive subject offered on four Saturdays during the semester.
Assessment: Research paper (60 per cent), in-class student exercises (20 per cent), subject participation (20 per cent).
2007 contribution for post-2004 Commonwealth-supported students: $1,041.62
2007 amount for undergraduate domestic fee-paying students: $2,472.00
Subject EFTSL: 0.125
Note: The above fees are applicable in 2007 for Commonwealth-supported students who commenced after 2004 and domestic fee-paying undergraduate students only. Pre-2005 Commonwealth-supported students should consult the
Student contribution charges for Commonwealth supported students webpage.
Not all students are eligible for Commonwealth supported places, and not all subjects are available to Commonwealth supported students. Domestic fee-paying students and international students should refer to the
Fees webpage.
Note: The requisite information presented in this subject description covers only academic requisites. Full details of all enforced rules, covering both academic and admission requisites, are available at
Access conditions and My Student Admin.