| Course Name | Legal Structures of Financial Institutions |
| Code | Semester | Theory (hour/week) | Application/Lab (hour/week) | Local Credits | ECTS |
|---|---|---|---|---|---|
| LAW 514 | Spring | 3 | 0 | 3 | 7.5 |
| Prerequisites | None | |||||
| Course Language | English | |||||
| Course Type | Required | |||||
| Course Level | Second Cycle | |||||
| Mode of Delivery | - | |||||
| Teaching Methods and Techniques of the Course | ||||||
| Course Coordinator | ||||||
| Course Lecturer(s) | ||||||
| Assistant(s) | ||||||
| Course Objectives | The primary course objective is to familiarize students with regulatory nature and structure of financial institutions and develop a fundamental understanding for main concepts of financial regulation. |
| Learning Outcomes | The students who succeeded in this course;
|
| Course Description | This course is designed to provide the students with a thorough understanding of legal concepts for financial institutions as well as the issues implicated by their regulatory instruments. Students will acquire and maintain a perspective of the impacts of regulations for financial institutions and their transactions |
|
| Core Courses | |
| Major Area Courses | ||
| Supportive Courses | ||
| Media and Managment Skills Courses | ||
| Transferable Skill Courses |
| Week | Subjects | Required Materials |
| 1 | General Introduction to the course of Legal Structures of Finance, Administrative matters and overview. Principal legislation and principle legal concepts. | Banking Law and Regulation, Macey, Miller and Carnell (Aspen Law & Business, 3. Edition) Banking and Financial Institutions Law in a Nutshell ,Lowett, 4. Ed., Chapter 1. Course notes given by lecture (http://homes.ieu.edu.tr/hkubilay) |
| 2 | Negotiable instrument, Capital Market instruments, Derivative instruments. | Course notes given by lecture (http://homes.ieu.edu.tr/hkubilay), Legal Environment of Business, Sözer, Chapter 18. |
| 3 | Guarantee Law | Introduction to Turkish Business Law, Tuğrul Ansay and Eric C. Schneider, p.50-65. |
| 4 | Capital Market Institutions | Course notes given by lecture (http://homes.ieu.edu.tr/hkubilay) |
| 5 | Stock Markets | Course notes given by lecture (http://homes.ieu.edu.tr/hkubilay) |
| 6 | Turkish Capital Markets Union, Turkish Evaluation Experts Union, TAKASBANK. | Course notes given by lecture (http://homes.ieu.edu.tr/hkubilay) |
| 7 | Consumer protection and restrictions on competition for financial institutions, | Financial markets and Institutions, Mishkin and Eakins, Chapter 20. |
| 8 | New challenges for banking regulation: electronic banking, electronic signature | Legal Environment of Business, Sözer, Chapter 26 Financial Markets and Institutions, Mishkin and Eakins, Chapter 20 |
| 9 | Midterm Exam | |
| 10 | The International law that regulates international finance. | Course notes given by lecture (http://homes.ieu.edu.tr/hkubilay) |
| 11 | Intermediary institutions | Legal Environment of Business, Sözer, Chapter 18 |
| 12 | Banking Law | Course notes given by lecture (http://homes.ieu.edu.tr/hkubilay) |
| 13 | Control and measures of capital markets in Turkey and Capital market crimes | Course notes given by lecture (http://homes.ieu.edu.tr/hkubilay) |
| 14 | Financial Dispute Resolution in front of Turkish and international courts –Recognition of Foreign Awards | Course notes given by lecture (http://homes.ieu.edu.tr/hkubilay), Law of International Trade, Chuah, Chapter 13 |
| 15 | Alternative Dispute Resolution in Finance | Course notes given by lecture (http://homes.ieu.edu.tr/hkubilay), International Business Law, August, Chapter 11 |
| 16 | Review of the Semester |
| Course Notes/Textbooks | Above mentioned book chapters and presentation notes |
| Suggested Readings/Materials | Websites: Financial Services Authority :www.fsa.gov.uk Securities Exchange Commission:www.sec.gov Centre for Analysis of Risk and Regulation, London School of Economic and Political Science, www.lse.ac.uk/collections/CARR |
| Semester Activities | Number | Weigthing |
| Participation | ||
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | 4 | 20 |
| Portfolio | ||
| Homework / Assignments | ||
| Presentation / Jury | 1 | 10 |
| Project | ||
| Seminar / Workshop | ||
| Oral Exam | ||
| Midterm | 1 | 30 |
| Final Exam | 1 | 40 |
| Total |
| Weighting of Semester Activities on the Final Grade | 60 | |
| Weighting of End-of-Semester Activities on the Final Grade | 40 | |
| Total |
| Semester Activities | Number | Duration (Hours) | Workload |
|---|---|---|---|
| Course Hours (Including exam week: 16 x total hours) | 16 | 3 | 48 |
| Laboratory / Application Hours (Including exam week: 16 x total hours) | 16 | ||
| Study Hours Out of Class | 0 | ||
| Field Work | |||
| Quizzes / Studio Critiques | 4 | 15 | |
| Portfolio | |||
| Homework / Assignments | |||
| Presentation / Jury | 1 | ||
| Project | |||
| Seminar / Workshop | |||
| Oral Exam | |||
| Midterms | 1 | 17 | |
| Final Exams | 1 | 27 | |
| Total | 152 |
| # | Program Competencies/Outcomes | * Contribution Level | ||||
1 | 2 | 3 | 4 | 5 | ||
| 1 | Reinforcing the quantitative and analytical thinking ability gained throughout the undergraduate level | |||||
| 2 | To provide a professional background about the derivative markets and instruments | |||||
| 3 | To provide solutions for derivative and risk management issues by utilizing theoretical and practical knowledge gathered from various disciplines | |||||
| 4 | Having creative thinking and decision making abilities to contribute the development of recently launched derivative markets and instruments in Turkey | |||||
| 5 | Creating solutions to the complicated problems emerging from the sophisticated structure of the futures | |||||
| 6 | Comprehension and improvement inmodeling of futures asset pricing, determining risk measures and hedging tools by applying quantitative techniques | |||||
| 7 | Developing efficient communications skills in accordance with the social dimension of the program, even though the program is quantitative oriented | |||||
| 8 | Having a good command of foreign language in order to communicate efficiently | |||||
| 9 | Building up skills for using and programming software that is required by the program | |||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
