Prof Niamh Moloney NAB7.16

This course is available on the MSc in Regulation, MSc in Regulation (Research), Master of Laws and Master of Laws (extended part-time study). This course is available with permission as an outside option to students on other programmes where regulations permit.

This course is capped at 30 students. Students must apply through Graduate Course Choice on LSEforYou.

The course examines the institutional structures and the legal rules which underpin the EU's monetary system and its integrated banking market. Topics covered include: the integration project; the free movement of capital and current payments; central banking and monetary policy in the European Monetary Union (EMU), including the institutional structure of EMU, the European Central Bank, and the conduct of a single monetary policy; banks and the free movement rules; the harmonized regulatory regime which applies to banks; the institutional structure for banking supervision; and retail banking services and consumer protection. Course coverage may vary slightly from year to year.

20 hours of seminars in the MT. 2 hours of seminars in the ST.

One 2,000 word essay will be set in MT

Readings will be provided in advance for each seminar. Sample texts include: Alexander et al, Global Governance of Financial Systems (2006); Kermers et al (eds), Financial Supervision in Europe (2003); and Lastra, The Governance Structure for Financial Regulation and Supervision in Europe (2003). 

Preliminary reading

Chalmers et al, European Union Law (2nd edn, 2010), chapter 17

Exam (100%, duration: 2 hours) in the main exam period.