CODE 103980 ACADEMIC YEAR 2022/2023 CREDITS 6 cfu anno 3 DIRITTO ED ECONOMIA DELLE IMPRESE 11122 (L-18) - LA SPEZIA 6 cfu anno 3 DIRITTO ED ECONOMIA DELLE IMPRESE 11122 (L-14) - LA SPEZIA SCIENTIFIC DISCIPLINARY SECTOR IUS/05 LANGUAGE Italian TEACHING LOCATION LA SPEZIA SEMESTER 2° Semester PREREQUISITES Propedeuticità in ingresso Per sostenere l'esame di questo insegnamento è necessario aver sostenuto i seguenti esami: LAW AND BUSINESS ADMINISTRATION 11122 (coorte 2020/2021) LAW OF OBLIGATIONS AND CONTRACTS 103723 2020 CONSTITUTIONAL SYSTEM AND FUNDAMENTAL RIGHTS 103725 2020 TEACHING MATERIALS AULAWEB OVERVIEW The course aims at providing students with adequate instruments to understand and critically analyze the financial sector from the legal point of view. We will examine prudential regulation, conduct of business rules and the main contracts, taking into account recent developments and scientific debates within the sector, both nationally and internationally, and using seminars to analyze the most interesting and relevant to banking law cases, while developing research and critical analysis skills. AIMS AND CONTENT TEACHING METHODS Lessons (with active participation of students) and seminars (with presentations by students). SYLLABUS/CONTENT Part I: Introduction and basic notions The financial sector in historical perspective. Principles and structure of financial regulation and supervision The legal notion of bank and banking activity. Bank and banking activity in the law. Authorisation Specialty of banks after the financial crisis Non-bank financial institutions: 106 TUB, payment institutions, e-money institutions and others (taking into account PSD 2 reform). Types of activities reserved to banks, of bank permissible activities, prohibited activities. Financial market and investment services Notion of financial product, financial instruments and investment services Activity reserved to investment firms and authorisation Supervisory Architecture: Italian financial Authorities Recent developments in European Financial Regulation and Supervision: Lamfalussy and the European passport; ESRB, ESAs and the Banking Union (and the role of the ECB in banking supervision); Capital Markets Union Other authorities and division of competences International authorities: Basel Committee on Banking Supervision, FSB, etc. Part II: Regulation of financial intermediaries. Prudential regulation Rules and instruments of prudential regulation and supervision. Sources of law groups; crises and resolutions Deposit guarantee schemes and investor protection systems Part III: Regulation of financial intermediaries: conduct rules and contracts Applicable law. General regimes (banking, investment) Special regimes Cosumer protection and special regimes (consumer credit and residential mortgages) Aspects of competition law The course will be complemented by seminars prepared by group of students (on a voluntary basis, obtaining additional points) addressing practical cases or certain topics deserving special attention to better understand banking regulation, such as: microcredit, peer-to-peer lending and investment-based crowdfunding, virtual currencies, crypto-assets and stablecoin, online banking, fintech banks, Antonveneta, Monte dei Paschi di Siena, Carige, Fortis-Dexia, 'four banks' cases, islamic finance, Brexit, Big tech, Amazon lending, Gamestop, Wirecard, etc.. RECOMMENDED READING/BIBLIOGRAPHY Please see the course's page on Aulaweb for updated information. TEACHERS AND EXAM BOARD EUGENIA MACCHIAVELLO Ricevimento: A meeting (in presence or through Teams) with the teacher can be agreed writing an e-mail to eugenia.macchiavello@unige.it Anyway, Prof. Macchiavello is generally available: - in La Spezia, right before the start of classes on Thursdays - In Genoa, at the Dipartimento di giurisprudenza sezione di diritto commerciale, via Balbi 22, second floor, stair on the left on Mondays and Tuesdays Exam Board EUGENIA MACCHIAVELLO (President) MATTEO GARGANTINI CHRISTIAN MEZZANO (Substitute) LUISA NENCI (Substitute) CHIARA VALENTI (Substitute) LESSONS Class schedule The timetable for this course is available here: Portale EasyAcademy EXAMS Exam schedule Data appello Orario Luogo Degree type Note 18/05/2023 14:00 LA SPEZIA Orale 08/06/2023 11:00 LA SPEZIA Orale 21/06/2023 11:00 GENOVA Orale 06/07/2023 11:00 LA SPEZIA Orale 14/09/2023 11:00 LA SPEZIA Orale OpenBadge PRO3 - Soft skills - Alfabetica avanzato 1 - A PRO3 - Soft skills - Personale avanzato 1 - A PRO3 - Soft skills - Sociale avanzato 1 - A PRO3 - Soft skills - Creazione progettuale base 1 - A PRO3 - Soft skills - Imparare a imparare base 1 - A
