Capital Market Regulation
- While the course, we create and develop such students' knowledge and skills. At the same time, we take into account the need to develop both academic and practical skills on a balanced basis for students. So that in future they could choose between academic and practical careers in the field of law, and, perhaps, even combine them. The course is aimed at the interdisciplinary approach to Capital Market Regulation, digital economy and risk assessment of b2b- and b2c- relationships. Namely, the course addresses b2c-contracts between credit organizations, digital and smart contracts, enforcement of which is based on brand-new sophisticated technologies (blockchain, artificial intelligence etc.). During the course the comparative methodology will be applied, i.e. the students will analyze legal provisions of the Russian civil law, the EU law, the US federal law well as the core principles of the Islamic fiqh.
- be ready to face the new technologies like blockchain on a daily basis,
- be ready to operate with both conventional (western) and Islamic financial instruments,
- be well aware of the established regulation on the capital market, in particular the activities of commercial banks, credit rating agencies, organizational and ideological aspects of the deposit insurance system, etc.
- discover ways in which theory and practice overlap for the benefit of business, the national economy, each individual and humanity as a whole,
- have a clear understanding of the instruments of both Russian federal law, EU law, US federal law and international organizations legal acts relating to the regulation of capital market, such as the WTO, the World Bank, international payment systems standards etc.,
- learn relevant professional terminology in Russian and English, as well as academic writing standards.
- understand the mechanism of the digital economy, including the costs of mastering new technologies by business, the order of interaction between business and the state when introducing innovations in the entrepreneurial activity,
- WTO Regulation of Financial Services
- Credit Ratings.
- Consumer credits
- Islamic finance principles and commercial contracts
- Roman civil law
- Stock exchange and commodity exchange
- Regulation of Payments in the EU and in the Russian Federation
- Credit reporting system participants
- Insurance Contracts
- Financial monitoring and compliance (FATF, UN standards and the national Russian law)
- Alternative dispute resolution in financial market
- Guest lectures
- Class attendance and classroom discussionsClass attendance and classroom discussions will be graded by the course instructor based on the scale 2.0 1.75 1.5 1.25 1.00 0.75 0.50 0.25
- Group presentationBoth PowerPoint slides quality and if relevant oral in-class presentations will be taken into account.
- Mid-term in-class examTranslations of legal texts. Grading scale (points in the final grade): A 1.00 A- 0.70 B 0.55 B- 0.4 C 0.25 C- 0.10 D 0 Combination of self-grading by students and course assistants grades will be used while both home essays and mid-term in-class exams grading.
- Individual take-home essayGrading scale for the each of two individual take-home essays in English: A 1.00 A- 0.70 B 0.55 B- 0.4 C 0.25 C- 0.10 D 0 Combination of self-grading by students and course assistants grades will be used while both home essays and mid-term in-class exams grading.
- Advanced assignmentAdvanced level assignment for students who selected this track will be graded as 1.0 0.5 0
- Final take-home examFinal take-home exam will be graded as: A 2.0 A- 1.5 B 1.00 B- 0.75 C 0.5 C- 0.2 D 0
- 2022/2023 2nd module0.2 * Final take-home exam + 0.1 * Individual take-home essay + 0.2 * Class attendance and classroom discussions + 0.05 * Group presentation + 0.05 * Advanced assignment + 0.1 * Mid-term in-class exam
- МОЛОДЫКО КИРИЛЛ ЮРЬЕВИЧ. (2014). Критика концепции договора банковского счета как самостоятельного вида гражданских договоров.
- Lorenzo Sasso. (2016). A Critical Analysis of the Recent Russian Regulation on Credit Rating Agencies. Russian Law Journal, 4(2), 62–82. https://doi.org/10.17589/2309-8678-2016-4-2-62-82