Module Details

Module Code: FINA9004
Title: Principles of Financial Reg.
Long Title: Principles of Financial Regulation
NFQ Level: Expert
Valid From: Semester 1 - 2021/22 ( September 2021 )
Duration: 1 Semester
Credits: 5
Field of Study: 3430 - Banking, Finance and Investment
Module Delivered in: 1 programme(s)
Module Description: This module examines the principles framing the regulation of the financial sector and its impact on societies, economies, markets, firms, executives, staff and clients. It investigates critically these principles and how they inform and frame regulatory and compliance practices designed to secure satisfactory societal and market outcomes. It addresses these issues from an inter-disciplinary perspective and prepares participants for professional roles in the supply, demand, regulatory, compliance, and assurance domains.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Critique regulation and compliance in finance in a systemic manner.
LO2 Apply regulatory principles systematically to governance, compliance and control capability in finance.
LO3 Consider live case histories that illustrate the principles in action and extract experiential insights.
LO4 Develop competences, behaviours and orientations supportive of professional performance in relevant roles.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
No requirements listed
 
Indicative Content
Introduction to Financial Regulation
Introduction to Financial Regulation.
Regulation philosophical foundations
Regulation philosophical foundations.
Financial risk management concepts, tools and practices
Financial risk management concepts, tools and practices.
Regulation and Compliance
Regulation and Compliance : systems, roles, behaviours, cultures and outcomes.
The role of incentives in regulation and compliance
The role of incentives in regulation and compliance.
Ethics, integrity and values
Ethics, integrity and values.
Regulatory enforcement and restitution
Regulatory enforcement and restitution.
Systemic failure and resolution of failing institutions
Systemic failure and resolution of failing institutions.
International dimensions of regulation and compliance management
International dimensions of regulation and compliance management.
Emerging issues and the application of regulatory principles
Emerging issues and the application of regulatory principles to them eg ESG, Digital Currency.
Module Content & Assessment
Assessment Breakdown%
Coursework100.00%

Assessments

Coursework
Assessment Type Other % of Total Mark 100
Timing Sem End Learning Outcomes 1,2,3,4
Assessment Description
Case Studies
No End of Module Formal Examination
Reassessment Requirement
Coursework Only
This module is reassessed solely on the basis of re-submitted coursework. There is no repeat written examination.

The University reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Lecture Every Week 2.00 2
Independent Learning Non Contact Independent study and case study analysis Every Week 5.00 5
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Lecture Every Week 2.00 2
Independent Learning Non Contact Independent study and case study analysis Every Week 5.00 5
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00
 
Module Resources
Recommended Book Resources
  • Armour, J. and D. Awrey.. (2016), Principles of Financial Regulation, 1st. Oxford University Press, UK.
  • Hodges, C. and R. Steilholz.. (2018), Ethical Business Practice and Regulation: A Behavioural and Values-Based Approach to Based approach to Compliance and Enforcement, Hart/Beck, Oxford.
  • Krambia Kampardis , M.. (2019), Financial compliance, Issues, Concerns and Future Directions, Palgrave MacMillan, UK.
Supplementary Book Resources
  • Mills, A. and P. Haines.. (2015), Essential Strategies for Financial Services Compliance, Wiley, USA.
  • Pretorius, D.. (2014), Beyond Play: A down-to-earth approach to governance, risk and compliance, Xlibris, USA.
  • Ramakrishna, S.. (2015), Enterprise Compliance Risk Management, John Wiley, USA.
  • Stark, C.. (2018), Organizational Integrity: Individual Misconduct and the Legal Structure of Society, Springer,, NY, USA.
  • Sullivan, A. J. and et al.. (2018), At close quarters : A CEO’s guide to navigating the unanticipated government investigation and regulatory enforcement action., Third River publishing, USA.
This module does not have any article/paper resources
Other Resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_BIFAD_9 Master of Business in Investment Fund Administration 4 Mandatory