Financial Regulation

Code:

2ECON17

Acronym:

RSF

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2013/2014 - 2S (of 10-02-2014 to 06-06-2014)

Active?	Yes
Responsible unit:	Agrupamento Científico de Economia
Course/CS Responsible:	Master in Economics

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
ME	24	Bologna Syllabus	1	-	7,5	56	202,5

Teaching language

Portuguese

Objectives

1. To present the theoretical framework of Financial Regulation 2. To analyse the legal framework of the Portuguese financial system 3. To analyse the most relevant cases

Learning outcomes and competences

Acquisition of general knowlwdge on the theme "Financial Regulation" and, namely, on the regulation of the portuguese financial system.

Working method

Presencial

Program

Chapter 1 – Financial Regulation – a general overview 1.1 State and Financial Regulation 1.2 Importance and objectives of Financial Regulation 1.3 Principles of Regulation Chapter 2 – Financial Regulation in Portugal 2.1 Institutional framework The role of European Union The international organisations Financial regulation models Regulatory entities Orientations issued by international organisations Conselho Nacional de Supervisores Financeiros (National Council of Financial Regulators) Banco de Portugal (Bank of Portugal) Comissão do Mercado de Valores Mobiliários (Portuguese Securities Commission) Instituto de Seguros de Portugal (Portuguese Insurance Regulator) The role of the Ministry of Finance The future of Financial Regulation in the European Union 2.2 Bank regulation Objectives Main European directives Orientations issued by international organisations Basic legislation The access to banking activity Types of financial companies Types of banking instruments and products Prudential regulation of credit institutions General overview Capital ratio Definition Practical cases The coming rules Provisions Infractions and sanctions Protection of depositors and consumers Deposit Guarantee Fund Information disclosure 2.3 Insurance regulation Objectives Main European directives Orientations issued by international organisations Basic legislation The access to insurance activity Types of insurance Prudential regulation of insurers Infractions and sanctions Protection of consumers The case of pension funds 2.4 Securities market regulation Objectives Main European directives Orientations issued by international organisations Basic legislation Types of investment firms Types of financial instruments and products The access to activity Historical analysis The 1991 reform Securities Public offers Secondary markets Regulated markets Organised markets Infractions and sanctions Investors´ protection Chapter 3 – Money laundering Main phases of money laundering Types of money laundering Portuguese legislation

Mandatory literature

Estado Português; Regime Geral das Instituições de Crédito

Comments from the literature

Bibliography includes the material presented in the classroom, documents distributed by the teacher and portugese leguislation.

Teaching methods and learning activities

Presentation based on slides and discussion of real business cases

Evaluation Type

Evaluation with final exam

Assessment Components

Designation	Weight (%)
Exame	100,00
Total:	100,00

Calculation formula of final grade

Average of test grades