課程資訊
課程名稱
 亞洲金融法
Financial Regulations in Asia 
開課學期
 106-2 
授課對象
 法律學院  法律研究所  
授課教師
 陳肇鴻 
課號
 LAW5280 
課程識別碼
 A21EU4290 
班次
  
學分
 1.0 
全/半年
 半年 
必/選修
 選修 
上課時間
 第15 週
星期一7,8,9(14:20~17:20)星期二7,8,9(14:20~17:20)星期三7,8,9(14:20~17:20)星期四7,8,9(14:20~17:20)星期五7,8,9(14:20~17:20) 
上課地點
 法1403法1403法1403法1403法1403 
備註
 本課程以英語授課。密集課程。
限法律學院學生(含輔系、雙修生)
總人數上限：50人 
Ceiba 課程網頁
 http://ceiba.ntu.edu.tw/1062LAW5280 
課程簡介影片
 
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課程概述

This course will explore various topics relating to financial regulations in Asia, with a particular focus in international financial regulations and the developed in Singapore and Hong Kong, the two biggest international financial centres in East and Southeast Asia outside Japan. The course will focus mainly on banking regulations; but some issues in insurance regulations and capital market regulations will also be compared. Throughout the courses, we will discuss and consider a wide ranges of issues from new global trend in regulatory structure, prudential regulations and to misselling of financial products and OTC derivatives regulation. We will discuss both theoretical issues as well as some details of regulations to allow students to have a bird eye view of key issues facing financial regulators and market participants in the post-Lehman era.

Teaching Assistant: 黃信維(Andrew)
Email: R05A21111@ntu.edu.tw 

課程目標
 By the end of this course, students will be able to:

1. Understand the regulatory structure and source of law for financial regulations in relevant jurisdictions;
2. Finding out key resources and rules in Singapore, Hong Kong, China and Taiwan;
3. Identifying key legal issues facing financial regulators and market participants;
4. Evaluating potential consequences of financial regulations on a financial transaction;
5. Understand basic compliance issues facing financial institutions. 
課程要求
 Tentative Schedule

1. General overview
Background: the financial market and financial institutions in East and Southeast Asia
Functions of different financial institutions and regulatory goals
Design of regulatory structure, regulator(s) and law
Source of law: Domestic regulations and international soft law

2. Corporate governance and key person
Key persons approval and criteria
Corporate governance rules
Remuneration

3. Prudential regulation – Capital adequacy and solvency
Basel Accord: historical development of the Basel Accord
New developments post global financial crisis
Cf. Solvency standards for insurers

4. Regulation on investment and risk management
Restraints on banks’ investment in equity and land
Regulation on investment made by insurers
Impact of Volcker Rule from the US
Separation of finance from industry

5. OTC derivatives regulation
Meaning and function of derivatives
Function of the ISDA master agreement
Mandatory reporting, clearing and trading rules

6. Resolution of financial institution and G-SIFI
Resolution of financial institution in the domestic context
Meaning of global systemically important financial institutions
Resolution of G-SIFI and the key contributes

7. Conduct of business
General conduct of business and its effects
Bank-customer relationship
Bank secrecy
Misselling and financial consumer protection
Dispute resolution

8. Anti-money laundering and terrorism financing; Tax

9. New frontiers
Mobile and digital banking
Alternative risk management and transfer
Fintech 
預期每週課後學習時數
  
Office Hours
  
指定閱讀
 待補 
參考書目
 Reference materials
* No need to purchase.
1. Emilio Avgouleas, Governance of Global Financial Markets: The Law, The Economics, The Politics (Cambridge University Press 2012)
2. Regulatory rules or policy documents

1. Hong Kong (‘Cap’ means Chapter.)
a. Banking Ordinance (Cap 155)
b. Insurance Companies Ordinance (Cap 41)
c. HKMA Supervisory Policy Manuals: http://www.hkma.gov.hk/eng/key-functions/banking-stability/supervisory-policy-manual.shtml

2. Singapore
a. Banking Act (Cap 19)
b. Insurance Act (Cap 142)
c. Financial Advisers Act (Cap 110)
d. MAS: http://www.mas.gov.sg/Regulations-and-Financial-Stability/Regulations-Guidance-and-Licensing.aspx

3. Taiwan
a. Banking Act 銀行法
b. Insurance Act 保險法
4. Bank of International Settlement, Core Principles of Effective Banking Supervision (2012): http://www.bis.org/publ/bcbs230.htm

5. Basel Accord
a. Basel II: http://www.bis.org/publ/bcbsca.htm
b. Basel III: http://www.bis.org/bcbs/basel3.htm?m=3%7C14%7C572

6. Volcker rule (see the Final Rule): http://www.occ.gov/topics/capital-markets/financial-markets/trading/volcker-rule-implementation/index-volcker-rule-implementation.html

7. FSB, Key Attributes of Effective Resolution Regimes for Financial Institutions’ (2014), http://www.financialstabilityboard.org/2014/10/r_141015/

8. FATF Standards: http://www.fatf-gafi.org/publications/fatfrecommendations/?hf=10&b=0&s=desc(fatf_releasedate)  
評量方式
(僅供參考)
    
課程進度
週次
日期
單元主題
第15週
 06/04  Topic 01. General Overview of the Financial Market and Financial Regulations 
第15週
 06/05  Topic 02. Authorisation and Supervision
Topic 03. Corporate Governance and Key Personnel
Topic 06. Resolution of a Bank and Systemically Important Financial Institutions 
第15週
 06/06  Topic 04. Prudential Regulations – Solvency and Capital Adequacy
Topic 05. Prudential Regulations – Investment and Risk Management
 
第15週
 06/07  Topic 08. Conduct of Business and Misselling of Financial Products 
第15週
 06/08  Topic 09. Bank Secrecy, Anti-Money Laundering, Tax, and Other Issues