Investment Banking and Investment Firms
About This Course
The course aims to enable participants :
1. To understand the role, global nature and multiple functions of investment markets,
investment banks and investment firms, and the legal structures and principles applicable to their activities;
2. To consider the complex financial instruments manufactured and retailed by investment firms, including the various species of derivatives (including currency swaps and interest rate swaps) and the role played by the trade association, International Swaps and Derivatives Association (ISDA), and international standardisation;
3. To evaluate the role played by private law in constituting the markets and contracts, and the role of different strands of private law, including contractual, tortious and fiduciary sources of obligations, in respect of the banker and customer relationship;
4. To consider the role of international and domestic standard-setting for investment firms, and the impact of the Global Financial Crisis (GFC); and
5. To address international and domestic standard-setting for investment business in developing general principles for the conduct of investment business.
What You'll Learn
This course examines the legal and regulatory framework for investment banks and investment firms from both an international and a common law perspective. The background is the international nature of investment business, and the complexity of modern investment products, including various species of derivatives (such as interest rate swaps) and the role played by the trade association ISDA. The respective roles of international standard setting, standard form contracts and private law (including contract, tort, fiduciary obligations, and unjust enrichment) are examined against the backdrop of the Global Financial Crisis and related mis-selling and other financial scandals.
Entry Requirements
A good Bachelor's or Juris Doctor degree in Law