JUS5880 – Financial Market Law and Regulation
Course description
Schedule, syllabus and examination date
Course content
Financial Markets Law and Regulation matters to us all. It is about our payments, mortgages, banking, other forms of savings and pensions. It is also about Norway’s sovereign wealth fund, the shares and bank-loans to business and the financial system. How should the law protect depositors and investors? How can regulation promote the stability of financial markets to avoid another financial crash? How to balance efficiency and competition with stability and the universal provision of banking services?
Financial Markets Law and Regulation is increasingly important to the work of lawyers in private practice, in companies and the public sector from ministries down to local authorities, and it is undergoing rapid change involving fundamental policy choices.
The regulation of contracts between banks and their customers in national law is subject to EU directives, regulations and the practice of the European Court of Justice. It is made more complex by the impact of international standard setting, European human rights law and domestic constitutional and public and private law.
This course in financial market law and regulation includes the rules of banks, insurance and other investments, their products and the markets these are offered in with securities regulation. The course covers licensing/authorization of banks, insurance companies and investments firms and investment funds, the organization of institutions and markets and conduct of business rules with investor protection.
The main focus are International and European sources and the interplay between national and European rules and supervisory authorities ("Finanstilsynet" and the three European Supervisory Authorities;The European Banking Authority, The European Securities and Markets Authority and The European Insurance and Occupational Pensions Authority).
For students enrolled in Rettsvitenskap (jus) (master – 5 ?r): Have you considered a specialization as part of your degree? The course is part of the profile Selskap, transaksjon og finans.
This subject is taught at Master 's level. The subject is also taught at Bachelor's level (10 ECTS credits), see JUR1880 – Financial Market Law and Regulation.?
Learning outcome
See learning outcome for JUS5880
Admission to the course
You may register for this course if you have admission to a Master’s programme at UiO or the faculty's exchange programme and meet the formal prerequisites.
Have you met the formal prerequisites at another institution than the University of Oslo, and the results are not formally registered at UiO, you must apply for admission to courses at Master’s level (information in Norwegian only). Students with admission to Master’s degree programmes at other faculties than The Faculty of Law must also apply for admission.
All students are required to meet the formal prerequisites.
When your admission is in order you must register for courses in StudentWeb.
Formal prerequisite knowledge
Students must fill one of these requirements:
- Passed 1st - 3rd year of the 5-years degree Master of Laws (Master i rettsvitenskap at UiO) (or exams that qualify for exemption for these) or
- Hold a 5-years Master’s degree in Laws (Master i rettsvitenskap at UiO) or equivalent.
Exemptions from the formal prerequisites will be given to students with admission to the faculty`s own exchange or master’s degree programmes. This rule does not apply to students with admission to other master’s degree programmes at the University of Oslo, unless otherwise agreed.
Overlapping courses
- 10 credits overlap with JUR1880 – Financial Market Law and Regulation.
Teaching
Lectures/seminars
Language of teaching for this course is English. This means that all communication during lectures/seminars will be in English, and all literature and materials are in English.
Examination
Students are graded on the basis of a 24 hour written home exam.
You submit your answer in the exam system Inspera. Read about how to submit your answer.
Maximum length for written home exam on master’s level is 2500 words and 2000 words on bachelor's level. Front page, contents page (optional) and bibliography are not included. If footnotes are used in the text (at the bottom of each page), they are included in the word limit.?
Papers that exceed the 2500 word limit will be rejected, and not sent to grading.
You must familiarize yourself with the rules that apply to exam support materials, and?the use of sources and citations. If you violate these rules, you may be suspected of cheating or attempted cheating. You can read about what the university considers cheating, and the consequences of cheating here.
Examination support material
All available exam resources are allowed when answering this exam. Rules for source referencing are crucial for determining whether the use of resources is permitted.
Your exam paper must be an independent work. Exam candidates are not permitted to communicate with other persons about the exam question(s) or distribute draft answers or exam answers.
Language of examination
The examination text is given in English, and you submit your response in English.
Grading scale
Grades are awarded on a scale from A to F, where A is the best grade and F is a fail. Read more about the grading system.
This guide is used by examiners for grading elective courses at the Faculty of Law.
Resit an examination
- Illness at exams / postponed exams
- Resitting an examination.
- There are special rules for resitting a passed examination in the master`s programme in Law.
More about examinations at UiO
- Use of sources and citations
- Special exam arrangements due to individual needs
- Withdrawal from an exam
- Illness at exams / postponed exams
- Explanation of grades and appeals
- Resitting an exam
- Cheating/attempted cheating
You will find further guides and resources at the web page on examinations at UiO.