ECTS - University of Pisa
Scheda programma d'esame
FINANCIAL MARKET LAW
ILARIA KUTUFA'
Academic year2016/17
CourseLAW
Code193NN
Credits6
PeriodSemester 2
LanguageItalian

ModulesAreaTypeHoursTeacher(s)
DIRITTO DEI MERCATI FINANZIARIIUS/05LEZIONI48
ILARIA KUTUFA' unimap
Programma non disponibile nella lingua selezionata
Learning outcomes
Knowledge
Topic of the course is the financial markets regulation and it is split into four sections: investment's services; collective asset management; capital markets regulation; issuing companies. Educational objective of the course is to provide a basic knowledge of the fundamental regulatory principles of the financial markets, by paying a special attention to the EU regulation, to the italian law text n. 58 of 1998 (“T.u.f.”) and the Consob regulation.
Assessment criteria of knowledge
The student will be assessed on his/her demonstrated ability to discuss the main course contents using the appropriate terminology. During the oral exam the student must be able to demonstrate his/her knowledge of the course material and be able to discuss the reading matter thoughtfully and with propriety of expression.

Methods:

  • Final oral exam
Teaching methods

Delivery: face to face

Learning activities:

  • attending lectures
  • participation in seminar
  • individual study

Attendance: Not mandatory

Teaching methods:

  • Lectures
  • Seminar
Syllabus
A) Introduction: delimitation of the research area; historical evolution of the regulation. The audit authorities. The brokers and other financial intermediaries regulation: auditing; corporate officers; ownership; corporate governance. B) Investment's services and activities: general definitions, behavioural rules and internal organisation rules; single services characteristics. C) Collective asset management. D) Intermediaries prudential audit and crisis regulation. E) Non-bank financial intermedaries regulated in the “T.u.f.”. F) Regulated capital markets and official listing; central trade management; dematerialisation of financial instruments; take-over bids, companies disclosure (insider trading and market abuse regulation). G) Issuing companies regulations and financial markets law.
Bibliography
Annunziata, La disciplina del mercato mobiliare, 6th ed., Giappichelli, 2012 (the whole) or in alternative Costi, Il mercato mobiliare, 8 Ed., Giappichelli, 2013 (the whole)
Updated: 14/11/2016 17:27