Financial Market Law and Regulation

Financial Markets Law and Regulation matters to us all. It is about our payments, mortgages, banking, other forms of savings and pensions. It is also about Norway’s sovereign wealth fund, the shares and bank-loans to business and the financial system. How should the law protect depositors and investors? How can regulation promote the stability of financial markets to avoid another financial crash? How to balance efficiency and competition with stability and the universal provision of banking services?

Financial Markets Law and Regulation is increasingly important to the work of lawyers in private practice, in companies and the public sector from ministries down to local authorities, and it is undergoing rapid change involving fundamental policy choices.

The regulation of contracts between banks and their customers in national law is subject to EU directives, regulations and the practice of the European Court of Justice. It is made more complex by the impact of international standard setting, European human rights law and domestic constitutional and public and private law.

This course in financial market law and regulation includes the rules of banks, insurance and other investments, their products and the markets these are offered in with securities regulation. The course covers licensing/authorisation of banks, insurance companies and investments firms and investment funds, the organization of institutions and markets and conduct of business rules with investor protection.

The main focus are International and European sources and the interplay between national and European rules and supervisory authorities ("Finanstilsynet" and the three European Supervisory Authorities;The European Banking Authority, The European Securities and Markets Authority and The European Insurance and Occupational Pensions Authority).

For students enrolled in JFM5-RV: Have you considered a specialization as part of your degree? The course is part of the profile Selskap, transaksjon og finans.

This subject is taught at Bachelor 's level. The subject is also taught at Master's level (10 ECTS credits), see JUS5880.