OUR ACADEMIC DEPARTEMENTS |
Lesson details
Financial Regulation and Compliance | |||
2018-2019 | EnIESEG School of Management
(
IÉSEG
)
| ||
Class code : | 1819-IÉSEG-M1S1-FIN-MA-EI84UE | FINANCE |
Level | Year | Period | Language of instruction |
---|---|---|---|
Master | 1 | S1 | EnEnglish |
Academic responsibility | R.JOLIET |
---|---|
Lecturer(s) | Mathieu DI PRIZIO |
- This class exists in these courses :
- IÉSEG > IESEG Degree - Programme Grande École > Semester 1 > 2,00 ECTS
Prerequisites
The student must:
Have a basic knowledge of financial industry (Investement Banking, Asset Management, Brokerage…)
Have a basic knowledge of products and business lines (Capital Market, Corporate Banking, Structured Finance, OTC Market…
Have a basic knowledge of financial company organization (FO / MO / BO and Support Teams : Legal, Compliance…
Learning outcomes
Know financial regulatory framework: Regulated entities, Regulators (prudential, market), Market Infrastructure
Know key regulations currently in force: Market Abuse, AML, Tax Rules (FATCA, CRS), Volker rule, Derivatives Regulations (EMIR, DFA…)…
Know organizational impact of aforementioned rules on financial companies : the role of compliance, the impact on Front Office customer interaction…
Work in the financial industry under the current "regulatory heavy" environnement
Course description
Chapter 1 : Financial Regulatory Framework
1 - Regulated Entities
2 - Market and Prudential Regulation
3 - Financial Market Infrastructure
Chapter 2 : Financial Criminality
1 - Market Abuse
2 - Money Laundering / Terrorism financing
Chapter 3 : Client interaction (MiFiD, FATCA, CRS, LAB)
Client knowledge : KYC, KYB, Suitability, Categorisation
Client information : products, risks
Chapter 4 : Financial Compagnies - Regulatory constraints on organization
1 - The Volker rule
2 - The compliance
3 - Global regulatory requirements (controls, process, training)
Class type
Class structure
Type of course | Numbers of hours | Comments | |
---|---|---|---|
Independent study | |||
Estimated personal workload | 16,00 | ||
Face to face | |||
lecture | 16,00 | ||
Total student workload | 32,00 |
Teaching methods
- Interactive class
Assessment
The assessment will be based mostly on a final exam. The exam will take the form of Multiple Choice Questionnaire. The questionnaire will require both knowledge and understanding of the course.
Final rating will be then modified based on oral participation of the student (no more than a 10% upgrade can be awared for oral participation - no downgrade for an absence of participation)
Type of control | Duration | Number | Percentage break-down |
---|---|---|---|
Final Exam | |||
Written exam | 3,00 | 1 | 90,00 |
Continuous assessment | |||
Participation | 16,00 | 1 | 10,00 |
TOTAL | 100,00 |
* This information is non-binding and can be subject to change