International Banking Regulation and Supervision

Lecturer

Sajid Chaudhry

Introduction and Aims

The module examines trends in international banking and then focuses on regulatory and supervisory issues in light of the 2007-09 Global Financial crisis. The module considers the following topics: What a bank is and why banks are regulated; the internationalisation of banking, globalisation, and the growth of the shadow banking system; securitisation, mortgage backed securities, CDOs and the ‘subprime crisis’; the collapse of Lehman Brothers in September 2008 and, the ‘Credit Crunch’, and the Global Financial Crisis, and the ‘Great Recession’, stabilising and re-regulating national and international banking and financial systems; re-thinking the regulation of retail banking and consumer protection.

Objectives and Learning Outcomes

By the end of the module all students should be able to:

  • critically appraise the evolution of the international banking and finance system post 1970 and, the international banking regulation and supervision in selected countries;
  • critically evaluate the strengths and weaknesses of the current regulatory and supervisory systems;
  • demonstrate comprehensive knowledge and understanding of current issues relating to bank regulation and supervision;
  • critically evaluate policy proposals.

Assessment

  • 3,000 word individual essay (50%)
  • 2 hour examination (50%)