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課程名稱 |
律師於全球資本市場中之定位
Introduction for Lawyers to the Global Capital Markets |
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開課學期 |
106-1 |
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授課對象 |
法律學院 法律研究所 |
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授課教師 |
葛理察 |
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課號 |
LAW7619 |
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課程識別碼 |
A21EM7900 |
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班次 |
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學分 |
1.0 |
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全/半年 |
半年 |
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必/選修 |
選修 |
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上課時間 |
第13,14 週
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上課地點 |
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備註 |
本課程以英語授課。密集課程。法研2。10AB on Dec 5, 6, 7, 11, 12, 13
限法律學院學生(含輔系、雙修生) 且 限碩士班以上
總人數上限：25人 |
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Ceiba 課程網頁 |
http://ceiba.ntu.edu.tw/1061LAW7619 |
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課程簡介影片 |
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核心能力關聯 |
核心能力與課程規劃關聯圖 |
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課程大綱
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為確保您我的權利,請尊重智慧財產權及不得非法影印
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課程概述 |
Introduction for Lawyers to the Global Capital Markets (Preliminary Syllabus)
Rick Grove
Class 1: Introduction to the Global Capital Markets
• What is a capital market?
• How do capital markets facilitate economic growth?
• The structure of global and national capital markets
• Types of jobs in financial markets – trading, structuring, sales, risk, operations
• The role of lawyers in finance
Class 2: Economics and Types of Financial Products
• Types of Products
o Fixed income products: loans and bonds
o Equity products
o Foreign exchange
o Commodity products
o Credit as an asset class
o Derivatives: Futures, forwards and options
• Basic Finance Math: the concepts every lawyer should know – no math skill or background required!
o Time value of money – present value and net present value
o Discounted cash flow analysis
o Option Pricing: Black Scholes model
Class 3: The Legal, Regulatory and Contractual Framework for Capital Markets
• National law and regulation
• International agreements: Basel capital rules; G20 agreements
• Commonly used contracts
o Loan agreements
o Securities offering documents (prospectus, offering memorandum, etc.)
o ISDA documentation
Class 4: The Global Financial Crisis
• This class will feature a discussion of the film “The Big Short”
• Structured credit products and the residential mortgages, credit card loans, auto loans and other assets that underlie them
• The role of derivatives in the crisis
• The policy response to the crisis
• The global financial markets after the crisis
Class 5: Financial Markets Disputes
• How do disputes typically arise?
• Where are disputes adjudicated – global legal centers, national courts, arbitration
• The advantages and disadvantages of mediation, arbitration and litigation
• The role of experts in financial markets litigation and arbitration
Class 6: the Future of the Global Capital Markets
• What is the future of capital markets in advanced economies?
o Globalization or a return to protectionism and ring-fenced local markets?
o Disintermediation – do banks have a future?
o The influence of the internet and technology
• Why are capital markets appropriate for emerging economies?
• How do capital markets develop? |
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課程目標 |
待補 |
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課程要求 |
TA: Peter Lee email:r05a21116@ntu.edu.tw
*****加簽授權碼將於 9/14 12:50-13:10 於萬才一樓發放，發完為止*****
*****registration code will be issued at 14th September 12:50-13:10 at Tsai Building first floor (outside the Library) on first come first served bases.***** |
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預期每週課後學習時數 |
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Office Hours |
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指定閱讀 |
待補 |
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參考書目 |
待補 |
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評量方式
(僅供參考) |
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No. |
項目 |
百分比 |
說明 |
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1. |
Multiple choice and short answer final exam |
100% |
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週次 |
日期 |
單元主題 |
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第2週 |
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Class 1: Introduction to the Global Capital Markets
• What is a capital market?
• How do capital markets facilitate economic growth?
• The structure of global and national capital markets
• Types of jobs in financial markets – trading, structuring, sales, risk, operations
• The role of lawyers in finance
Required reading:
IFC Note on The Importance of Local Capital Markets for Financing Development (January 2017) 5 pages |
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第3週 |
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Class 2: Economics and Types of Financial Products
• Types of Products
o Fixed income products: loans and bonds
o Equity products
o Foreign exchange
o Commodity products
o Credit as an asset class
o Derivatives: Futures, forwards and options
• Basic Finance Math: the concepts every lawyer should know – no math skill or background required!
o Time value of money – present value and net present value
o Discounted cash flow analysis
o Option Pricing: Black Scholes model
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第4週 |
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Class 3: The Legal, Regulatory and Contractual Framework for Capital Markets
• National law and regulation
• International agreements: Basel capital rules; G20 agreements
• Commonly used contracts
o Loan agreements
o Securities offering documents (prospectus, offering memorandum, etc.)
o ISDA documentation
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第5週 |
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Class 4: The Global Financial Crisis
• This class will feature a viewing and discussion of the film “The Big Short”
• Structured credit products and the residential mortgages, credit card loans, auto loans and other assets that underlie them
• The role of derivatives in the crisis
• The policy response to the crisis
• The global financial markets after the crisis
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第6週 |
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Class 5: Financial Markets Disputes
• How do disputes typically arise?
• Where are disputes adjudicated – global legal centers, national courts, arbitration
• The advantages and disadvantages of mediation, arbitration and litigation
• The role of experts in financial markets litigation and arbitration
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第7週 |
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Class 6: the Future of the Global Capital Markets
• What is the future of capital markets in advanced economies?
o Globalization or a return to protectionism and ring-fenced local markets?
o Disintermediation – do banks have a future?
o The influence of the internet and technology
• Why are capital markets appropriate for emerging economies?
• How do capital markets develop?
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