B_RDFI Regulation and Supervision in Financial institutions

University of Finance and Administration
Winter 2021
Extent and Intensity
2/2/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Žaneta Boučková, Ph.D. (seminar tutor)
Guaranteed by
Ing. Žaneta Boučková, Ph.D.
Department of Finance – Departments – University of Finance and Administration
Contact Person: Lenka Pokorná
Timetable of Seminar Groups
B_RDFI/vFPH: Fri 5. 11. 14:00–15:30 E307, 15:45–17:15 E307, Fri 19. 11. 14:00–15:30 E307, 15:45–17:15 E307, Fri 3. 12. 14:00–15:30 E307, 15:45–17:15 E307, Sat 18. 12. 14:00–15:30 E228, 15:45–17:15 E228, Ž. Boučková
Prerequisites
Successful completion of all previously taught doctoral courses and departments Department of economics and international relations, law and mathematics and statistics.
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
The course focuses on the interpretation of the possible approaches to regulation and supervision of financial market resp.jednotlivých segments of the financial sector, the definition of institutional infrastructure of financial intermediation, knowledge of methods and procedures applied in the process   regulation and supervision. Students will be after the successful completion of the course be able to understand the regulatory requirements for entry into the financial market sectors, analyze reasons exit   the sector, to identify and analyze the factors affecting the stability of the financial market, understand the principles of regulatory procedures and understand basic methods for calculating capital requirements against particular types of risks .
Learning outcomes
Students will be able to orientate in the field of regulation and supervision of financial markets in the Czech Republic and worldwide; they will gain awareness of the basic regulatory rules in the various financial market areas that they will be able to manage in their future practice; they also obtain information on methods of supervision exercised by the Czech National Bank in the Czech Republic, including the possibility of penalties for breaching the rules.
Syllabus
1. Sectors of the financial market (banking, insurance, capital markets, electronic money institutions), their definitions, common procedures of regulation and the main substantive differences. 2. Basic principles of effective dohledu. 3. Institutional structure of financial regulation and supervision in the world and   CR. Basic models, empirical basis. Typology of market failure and the corresponding   core disciplines of regulation and supervision. Arguments for and against regulation. 4. Methods and procedures for the supervision of different sectors of the financial market. The regulation of entry into the industry. Supervision to close off-site surveillance, early warning systems. 5. Application of Basel agreements (BASEL, MiFID), use of management methods and risk measurement for regulatory purposes. 6. Supervision of investment services, risk management in capital markets. 7. Supervision on an individual basis, supervision on a consolidated basis, supplementary supervision of financial konglomeráty. 8. Specifics of the different approaches and their mutual substitutability. 9. Regulation and supervision of the elektornical banking.Basic principles of cryptocurrencies 10. Single market for financial services, legal and factual determination. 11. The current architecture of Czech and European supervisory institutions. 12. The history and current architecture of supervisory institutions in the USA.
Literature
    required literature
  • JUROŠKOVÁ, Lenka. Bankovní regulace a dohled. Praha: Auditorium, 2012. ISBN 978-80-87284-26-1
  • PAVLÁT, Vladislav a Antonín KUBÍČEK. Regulace a dohled nad finančními trhy. 2., přeprac. vyd. Praha: Vysoká škola finanční a správní, 2010. EUPRESS. ISBN 978-80-7408-036-4.
  • Finanční trhy, 4. vydání. 2014, Oldřich Rejnuš, GRADA Publishing Praha, ISBN 978-80-247-3671-6
    recommended literature
  • JANOVEC, Michal. Dohled nad finančním trhem a jeho integrace. Xiv, 174 stran. Praha: Wolters Kluwer, 2018. Právo prakticky. ISBN 978-80-7552-877-3.
  • ÚZ č. 1331 - Bankovnictví, Finanční konglomeráty, Praní špinavých peněz, Stavební spoření, Centrální evidence účtů
  • ÚZ č. 1372 - Cenné papíry, Kapitálový trh, Investiční společnosti a fondy, Komoditní burzy. Ostrava: Sagit, 2020
Teaching methods
Teaching takes the form / lectures / seminars / workshops / full-time study / group consultations and managed in the form of study. Minimum mandatory attendance at seminars / workshops in full-time studies is 75%, the controlled group consultations in combined form 50%. Students who fail to meet the mandatory level of participation may be given during the semester additional study obligations (to the extent that will demonstrate academic achievement and acquired competencies necessary for successful completion of course).
Assessment methods
Credit will be given for a well-prepared and presented semester thesis and active discussion during lectures. The final ordinary examination - when rechaching the credit.
Language of instruction
Czech
Teacher's information
Výběr témat pro vypracování semestrální práce studenty PS: 1)Ratingové agentury a jejich podíl na regulatorních postupech 2)Srovnání dohledových postupů v Evropě a USA 3)Srovnání regulatorních postupů v Evropě a USA 4)Problémy spojené s regulací emise elektronických peněz 5)Výklad principu jednotné licence 6)Basel III - analýza navrhovaných změn 7)Specifika regulace kapitálového trhu 8)Regulace tzv. velkých angažovaností 9)Kategorizace pohledávek u nás a ve světě 10)Finanční arbitr a externí auditor - vazby na regulaci a dohled finančního sektoru 11) jiné téma z oboru dle dohody. The selection of topics for a semester students work PS: 1) Credit rating agencies and their share of the regulatory practices 2) Comparison of supervisory practices in Europe and the U.S. 3) Comparison of regulatory practices in Europe and the U.S. 4) problems associated with the regulation of e-money issuance 5) The interpretation of the principle of the single license 6) Basel III - Analysis of proposed changes 7) Specific regulation of the capital market 8) the regulation of large exposures 9) Classification of receivables from us and in the world 10) Financial Arbiter and the external auditor - links to the regulation and supervision of the financial sector 11. any other topic after agreement.
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
The course is also listed under the following terms summer 2012, Winter 2012, Winter 2013, Winter 2014, Winter 2015, Winter 2016, Winter 2017, Winter 2018, Winter 2019, Winter 2020, Winter 2022, Winter 2023, Winter 2024.
  • Enrolment Statistics (Winter 2021, recent)
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