N_RDFT Financial Markets Regulation and Supervision

University of Finance and Administration
Winter 2024
Extent and Intensity
0/2/0. 3 credit(s). Type of Completion: z (credit).
Teacher(s)
Ing. Helena Sůvová, CSc. (seminar tutor)
Guaranteed by
prof. Dr. Ing. Jan Frait
Department of Finance – Departments – University of Finance and Administration
Contact Person: Dita Egertová
Timetable of Seminar Groups
N_RDFT/cFPH: each even Monday 17:30–18:14 S23, each even Monday 18:15–19:00 S23, each even Monday 19:15–19:59 S23, each even Monday 20:00–20:45 S23, H. Sůvová
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
The course focuses on the interpretation of regulatory and supervisory practices applied to financial institutions, namely banks on an individual basis as well as to banks as part of a multinational financial groups on a consolidated basis. Students after completing the course will be able to understand the specific position of banks in the financial sector   and understand the systemic risk associated with   the financial institution, namely banking sector and influence of the functioning of banks on the whole financial market stability. Students learn the principles of regulatory procedures for all major types of risks that financial subjects, namely banks, undertake in their activities.
Learning outcomes
Student will be able to:
- describe developments, current situation and outline the expected trends in regulatory and supervisory practices that are applied to the financial market. Identify and summarize changing views on the need for regulation and supervision of financial markets, regulatory principles, supervisory principles, differences between these two concepts and approaches of selected regulatory and supervisory institutions;
- to form a vision, respectively opinion on the need for regulation and supervision of financial markets. Classify the differences between the terms "regulation" and "supervision" and the approaches of selected regulatory and supervisory institutions;
- to focus on issues - the main EU financial market directives in the areas of these risks;
- as well as Basel I, II, III and IV regulatory measures, EU MiFID I, MiFID II and MiFIR directives and regulations.
Syllabus
  • 1th Financial market stability - basics of regulation. 2th Development of financial - capital market regulation. 3th Development of banking regulation. Basel I - reasons, the definition of capital, individual and consolidated basis. 4th Basel II - the calculation of capital requirements for credit risk in the investment portfolio. 5th Basel II - calculate the capital requirement for operational and market risks. 6th Basel III amendments. MiFID II amendments. 7th Stress tests in the Czech Republic and the EU. Role of ECB and EBA. Financial stability. 8th External rating. 9th The arrangement of financial supervision in the CZ and EU. 10th Regulation and supervision of financial market in the USA. 11th Upcoming legislative changes in the regulation and supervision; international cooperation. 12th The influence of finnancial crisis in EU on new methods of the supervision.
Literature
    required literature
  • POLOUČEK, Stanislav. Bankovnictví. 2. vyd. Praha: C.H. Beck, 2013. ISBN 978-80-7400-491-9.
  • BLAHOVÁ, Naďa. Rizika bank a jejich regulace. 1. vyd. Jesenice: Ekopress, s. r. o., 2018. ISBN 978-80-87865-47-7.
  • REVENDA, Zbyněk a kol. Peněžní ekonomie a bankovnictví. 7. přepracované vydání. V Ekopressu 1. vydání. Jesenice: Ekopress, s. r. o., 2023. ISBN 978-80-87865-84-2.
  • JUROŠKOVÁ, Lenka. Bankovní regulace a dohled. Praha: Auditorium, 2012. ISBN 978-80-87284-26-1.
  • REJNUŠ, Oldřich. Finanční trhy: učebnice s programem na generování cvičných testů. Praha: Grada, 2016. ISBN 978-80-247-5871-8.
    recommended literature
  • PŮLPÁNOVÁ, Karolína. Ozdravné postupy a řešení krize bank. Praha: Leges, 2022. Teoretik. ISBN 978-80-7502-614-9.
  • Pavlát, V., Kubíček, A.: Regulace a dozor nad kapitálovými trhy. Praha: VŠFS – Eupress, 2004
  • JANÁČEK, Kamil. Jsou centrální banky za zenitem své slávy?. Praha: Institut Václava Klause, 2020. Publikace, č. 50/2020. ISBN 978-80-7542-059-6.
  • FRAIT, Jan. Post-Crisis Banking Regulation and its Potential Impacts in Small Open Economies. 1. vyd. Praha: Vysoká škola finanční a správní, a. s., 2016. 152 s. Edition EUPRESS. ISBN 978-80-7408-144-6.
  • CHORAFAS, Dimitris N. Basel III, the devil and global banking. London: Palgrave Macmillan, 2012. ISBN 978-0-230-35377-0.
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
Lectures with discussions   on ~ selected topics; Seminars devoted to the presentation of the assigned essay, the following discussion to the topic   and evaluation work; discussion on   the current problems in the regulation of financial markets. Assessment methods: Credit depends on the level of processing and slides presentation or the assigned essay and activity during prepresentations and discussions  ; Live exam.
Language of instruction
Czech
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: 12 hodin KS/semestr.
The course is also listed under the following terms Winter 2007, Winter 2008, Winter 2009, Winter 2010, Winter 2011, Winter 2012, Winter 2013, Winter 2014, Winter 2015, Winter 2016, Winter 2017, Winter 2018, Winter 2019, Winter 2020, Winter 2021, Winter 2022, Winter 2023.
  • Enrolment Statistics (recent)
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