2023/2024
Регулирование финансового рынка
Статус:
Маго-лего
Когда читается:
3, 4 модуль
Охват аудитории:
для всех кампусов НИУ ВШЭ
Преподаватели:
Молодыко Кирилл Юрьевич
Язык:
английский
Кредиты:
6
Контактные часы:
52
Course Syllabus
Abstract
Nowadays only a very few of professionals in the market can really provide an advanced level assistance to companies launching projects based on innovative technologies. The high cost of consulting services creates barriers for small innovative projects to enter the market. Besides, there are not enough sufficient ways to make sure of the reliability of the solutions offered by practitioners, which is caused by the lack of experience in regulating innovative relations. For this reason, the formation of the deep and comprehensive culture of expertise in the field of law and innovation is impossible without an understanding of economic, legal and political processes, behavioral aspects of law, as well as basic training in data analysis.
Learning Objectives
- Become aware of the established regulation on the financial market;
- Become ready to face the new technologies like blockchain on a daily basis;
- Get 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;
- Become ready to operate with both conventional (western) and Islamic financial instruments;
- Discover ways in which theory and practice overlap for the benefit of business, the national economy as a whole;
- Learn relevant professional terminology in Russian and English, as well as academic writing standards;
- Improve the level of personal financial literacy.
Expected Learning Outcomes
- Be well aware of the established regulation on the financial market, in particular the activities of commercial banks, credit rating agencies, organizational and ideological aspects of the credit reporting system, etc.;
- Know how to face the new technologies like blockchain on a daily basis;
- 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 World Bank, international payment systems standards etc.;
- Operate with both conventional (western) and Islamic financial instruments;
- Know ways in which theory and practice overlap for the benefit of business, the national economy as a whole;
- Know relevant professional terminology in Russian and English, as well as academic writing standards;
- Significantly improve the level of personal financial literacy.
Course Contents
- Credit Ratings
- Credit reporting
- Consumer credits
- Dispute Settlement. Regulation of financial ombudsman
- Islamic finance
- Stock exchange and commodity exchange
- Regulation of Payments
- Regulation of Insurance Contracts
- Financial monitoring and compliance
- FinTech & Smart contracts
Assessment Elements
- Classroom discussions
- Group presentationsThe groups also have to make a short 4-5 minutes movies which demonstrate their group presentations creation process. Both PowerPoint slides quality and movies will be assessed while grading.
- Individual take-home essays
- Mid-term in-class exam
- Final take-home examThe final exam essays should be done in academic style, so with introduction, chapters, footnotes, final conclusion.
- Advanced assignment
Interim Assessment
- 2023/2024 4th module0.1 * Advanced assignment + 0.2 * Classroom discussions + 0.25 * Final take-home exam + 0.15 * Group presentations + 0.2 * Individual take-home essays + 0.1 * Mid-term in-class exam
Bibliography
Recommended Core Bibliography
- Введение в исламские финансы : пер. с англ., Усмани, М. Т., 2016
Recommended Additional Bibliography
- Деньги, банковский кредит и экономические циклы, Уэрта де Сото, Х., 2008
- Исламский банкинг, Журавлев, А. Ю., 2020
- Правовое регулирование рынка производных финансовых инструментов : учебник для вузов, Селивановский, А. С., 2022
- Разрешение финансовых споров в странах АТР : (Австралия, Гонконг, Индия, Индонезия, Китай, Малайзия, Новая Зеландия, Сингапур, США, Таиланд, Япония), , 2019
- Фикх имущественных отношений, аль-Мисри, Р. Ю., 2015