MLL329 - Financial Services Regulation
Unit details
| Year: | 2021 unit information |
|---|---|
| Important Update: | Unit delivery will continue to be provided in line with the most current COVIDSafe health guidelines. This may include a mix of on-campus and online activities. To find out how you are impacted, please check your unit sites for announcements and updates. Unit sites open one week prior to the start of each Trimester/Semester. Thank you for your flexibility and commitment to studying with Deakin in 2021. Last updated: 4 June 2021 |
| Enrolment modes: | Trimester 2: Burwood (Melbourne), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Previously coded as: | MLL229 |
| Unit Chair: | Trimester 2: Zehra Gulay Kavame Eroglu |
| Prerequisite: | Students enrolled in M312, D312, D322, D323, D331, D335, D396 before 2019: MLL110 Students commencing M312, D312, D322, D323, D331, D335, D396 from 2019: MLL110 and MLL113 M300 students: Nil |
| Corequisite: | MLC203, MLL331 |
| Incompatible with: | MLL229 |
| Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. |
| Scheduled learning activities - campus: | 2 hour class plus 1 hour seminar per week |
| Scheduled learning activities - cloud: | 2 hour class (recordings provided) plus 1 hour online seminar per week |
Content
This unit is designed to provide a broad overview of legal and policy issues relevant to lawyers, financial sector players, regulators, and policy makers. Financial services is one of the fastest growing sectors in the Australian and global economy. In the past decade, the global financial crisis has created new challenges for financial market participants and other stakeholders. Australia has accordingly developed a new regime to regulate all financial services. These developments require careful examination of the legal and policy issues associated with financial services regulation. This unit aims to equip students with a thorough understanding of the regulatory theories, regulatory institutions and relevant statutory provisions.
A wide range of topics will be covered, including global financial crisis in the 21st century, financial services and market, theories of financial regulation, financial services reforms in Australia, regulatory bodies and financial service providers, disclosure of financial and non-financial information, and the critical issues of compliance, enforcement, and remedies.
| ULO | These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: | Deakin Graduate Learning Outcomes |
|---|---|---|
| ULO1 | Demonstrate a knowledge of the theories and principles of financial services regulation. | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Demonstrate a broad-based knowledge of statutory provisions, case law and principles in the field of financial services regulation in order to solve problems. | GLO1: Discipline-specific knowledge and capabilities |
| ULO3 | Demonstrate an in-depth knowledge of the financial regulation regime in Australia, as well as the recent domestic and international practices of financial services regulation in order to solve problems. | GLO1: Discipline-specific knowledge and capabilities |
| ULO4 | Identify and address the critical issues surrounding financial services regulation, such as finance industry self-regulation, regulation and deregulation, financial disclosure regulation, and global trends in financial regulation. |
|
These Unit Learning Outcomes are applicable for all teaching periods throughout the year
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
|---|---|---|---|
| Assessment 1 (Individual) – Report (Research) | 3000 words | 40% | Week 8 |
| Examination (open book) | 2 hours | 60% | Exam Period |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Learning Resource
The texts and reading list for the unit can be found on the University Library via the link below: MLL329 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
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