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Free University of Bozen-Bolzano

Banking and Financial Law

Semester 2 · 25410 · Master in Accounting and Finance · 6CP · IT


The course deals with the topics related to banking law with reference to the single rule book, to the European banking union, to the notion, the management, and the supervision of the banking activity. For capital market law, the course delas with topics related to the financial services and activities, the collective asset management, the trading venues, market abuse, the prospectus, and the initial public offering.

Lecturers: Stefano Lombardo

Teaching Hours: 36
Lab Hours: -
Mandatory Attendance: Suggested, but not required

Course Topics
Single Rule book and Banking Union Banking Activity and management, controls and supervision Supervision of intermediaries, financial services and activities, collective management of savings, trading venues, insider trading and market manipulation, prospectuses for public offerings and admission to trading

Teaching format
Frontal didactic

Educational objectives
Knowledge and understanding: Master's graduates should be able to acquire a knowledge of the legal instruments that enable them to deal with the management issues of companies and financial intermediaries, as well as an understanding of the mechanisms of functioning of financial markets. These learning outcomes are achieved through an advanced knowledge and understanding - of the principles of contract law and commercial law to be considered in the management strategies of companies and financial intermediaries; - of tax law principles for the definition of the company's tax policy, also in an international perspective; - the principles of bankruptcy law for the management of company crises, restructuring and risks; - of banking and financial law principles affecting the management of financial institutions and financial investments; - the impact of taxation on business decision-making models. Applying knowledge and understanding: Ability to apply knowledge in the area of Law to assess and decide the legal form of the organisation, also in relation to interactions with its stakeholders Ability to apply knowledge in the area of Law to analyse and integrate the legal and fiscal effects in the design and implementation of corporate restructuring operations and other extraordinary operations, also in an international context Ability to apply knowledge in the area of law to be able to dialogue and interact critically and competently with corporate and tax law professionals Making judgements: Ability to apply acquired knowledge to make managerial and operational decisions and to solve problems in the administration and finance of companies, intermediaries and financial markets, jointly taking into consideration multiple perspectives of analysis, from economic to legal, financial, strategic, managerial Ability to select data and use appropriate information to describe a problem concerning the management of companies, intermediaries and financial markets. Ability to relate models and empirical evidence in the study of companies, intermediaries and financial markets. Communication skills: Ability to communicate effectively in oral and written form the specialised contents of the individual disciplines, using different registers according to the recipients and the communicative and didactic purposes, and to evaluate the formative effects of its communication Learning skills: a) ability to use information technology autonomously to carry out bibliographic research and investigations and for one's own training and updating b) ability to identify thematic links and establish relationships between different cases and contexts of analysis c) ability to frame a new problem systematically and to generate appropriate taxonomies d) ability to develop general models from the phenomena studied.

Additional educational objectives and learning outcomes
The course refers to the typical educational activities and belongs to the scientific area of Law. The specific objective of the course is the acquisition of knowledge and competences in financial law with particular reference to the intermediation in the banking industry and in financial markets. The professional competences of the course are integrated with the curriculum of the Master in Accounting and Finance. The focus of the course is on the organization of the financial and banking markets from a legal perspective which will provide the students with an understanding of the professional competences necessary for their professional career.

Assessment
For attending and non attending students: the exam is written; students must respond to 3 out of 4 questions

Evaluation criteria
The answer is evaluated in relation to the pertinence to the topic/question, its correctness, to the argumentative ability and to the ability to summarize as well as quality of language.

Required readings

Brescia Morra, Il diritto delle banche, Il Mulino, BO, (for banking law)

Annunziata, Annunziata, Diritto del mercato mobiliare, Giappichelli, TO (for financial law)




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Sustainable Development Goals
This teaching activity contributes to the achievement of the following Sustainable Development Goals.

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