ULMS Electronic Module Catalogue |
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module. |
Title | FINANCIAL REGULATION AND ETHICS | ||
Code | BLIM507 | ||
Coordinator |
Mr A Ozunlu Finance and Accounting A.Ozunlu@liverpool.ac.uk |
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Year | CATS Level | Semester | CATS Value |
Session 2020-21 | Level 7 FHEQ | First Semester | 15 |
Pre-requisites before taking this module (other modules and/or general educational/academic requirements): |
Modules for which this module is a pre-requisite: |
Programme(s) (including Year of Study) to which this module is available on a required basis: |
Programme(s) (including Year of Study) to which this module is available on an optional basis: |
Teaching Schedule |
Lectures | Seminars | Tutorials | Lab Practicals | Fieldwork Placement | Other | TOTAL | |
Study Hours |
7 |
21 |
28 | ||||
Timetable (if known) | |||||||
Private Study | 122 | ||||||
TOTAL HOURS | 150 |
Assessment |
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EXAM | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When): 1 | 24 hours | 70 | ||||
CONTINUOUS | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Presentation plus accompanying written submission There is a resit opportunity: Individual written assignment. Standard UoL penalty applies for late submission. This is not an anonymous assessment | 20 minutes and 3000 | 30 |
Aims |
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To provide an understanding of the role and nature of regulation in the international financial markets; To explore the changing nature of regulation, the benefits and the challenges, through the lens of the recent global banking crisis; To identify specific recent regulation that impacts on financial markets internationally as a result of initiatives announced by global bodies such as the G20; To explain the ethical responsibilities required by the CFA Institute Code of Ethics and the Standards of Professional Conduct and to demonstrate the application of the Code and Standards; To appraise and evaluate practical regulatory and ethical issues that require knowledge of the regulatory landscape and application of an ethical framework. |
Learning Outcomes |
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(LO1) Explain the structure of the CFA Institute Professional Conduct Program and the process for the enforcement of the Code and Standards in uncertain contexts; |
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(LO2) Apply, and critically appraise, the six components of the Code of Ethics and the seven Standards of Professional Conduct; |
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(LO3) Explain and evaluate the ethical responsibilities required by the Code and Standards, including the sub-sections of each Standard; |
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(LO4) Explain the regulatory structure as it impacts on financial markets internationally; |
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(LO5) Evaluate the impact of financial crises on the development of regulation; |
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(LO6) Explain the nature and role of ethics within financial services and apply ethical approaches to practical industry scenarios. |
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(S1) Adaptability |
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(S2) Problem solving skills |
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(S3) Commercial awareness |
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(S4) Teamwork |
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(S5) Organisational skills |
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(S6) Communication skills |
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(S7) International awareness |
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(S8) Lifelong learning skills |
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(S9) Ethical awareness |
Teaching and Learning Strategies |
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Hybrid delivery, with social distancing on campus. Online asynchronous learning materials x 21 hours Face-to-face tutorials x 7 hours Self-directed learning hours x 122 hours Videos and other interactive learning resources, replacing face-to-face lectures in the hybrid delivery mode will be made available on Canvas; Any announcements relating to the course will be made via Canvas; Any additional material or readings will be made available via Canvas; Discussion forums will be made available on Canvas; Practice quest ions and answers will be made available on Canvas. |
Syllabus |
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The role and nature of financial regulation; Regulation through the lens of the GFC; Internationally enacted financial regulations; Professional standards of practice; Ethical practices. |
Recommended Texts |
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Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. |