6 points, SCA Band 3, 0.125 EFTSL
Postgraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
Faculty
Chief examiner(s)
Not offered in 2019
Synopsis
This unit examines the development, operation, and regulation of the contemporary
conventional and Islamic international financial systems and markets, the transactions that are
conducted within those, and the instruments and structures used. It will examine the interplay
of conventional and Islamic banking and finance concepts, techniques and systems, and how
potential legal problems presented by their interplay can be overcome or managed. The
banking and capital markets of Australia, Malaysia, the United States and Europe will be
considered, also with reference to the Global Financial Crisis of 2008 and Asian Financial Crisis
of 1997. Topics covered will include capital adequacy, payment systems, syndicated lending,
securitisation, bond issues, derivatives, regulatory framework for Islamic financial institutions
and Islamic finance, contracts in Islamic finance, and dispute resolution in Islamic finance.
Outcomes
On successful completion of this unit students will be able to:
- Apply knowledge of recent developments in conventional and Islamic
international banking and finance law, and regulation in various situations,
including in advising clients.
- Investigate, analyse and synthesise complex information, problems, concepts
and theories in relation to conventional and Islamic international banking and
finance law
- Effectively apply problem solving strategies to identify, consider and resolve
problems relating to conventional and Islamic international banking and finance
law
- Conduct research in international banking and Islamic finance law and regulation based on knowledge of appropriate research principles and methods
Assessment
Presentation of research proposal (10%)
Written research assignment (3,000 words): 40%
One take-home examination (3,750 words): 50
Workload requirements
Students enrolled in this unit will be provided with 24 contact hours of seminars per semester
whether intensive, semi-intensive, or semester-long offering. Students will be expected to do
reading set for class, and to undertake additional research and reading applicable to a 6 credit
point unit.