FIN521 Financial System, Financial Markets and Financial Supervision provides an overview on how financial system functions, how financial sector interacts with real economy, and how the trends and challenges in these areas shape the financial regulatory landscape. It examines financial regulations and monetary policies in depth and provides insights on how their developments post Global Financial Crisis have impacted the financial landscape and financial markets, with a focus on Asian financial markets. The course also analyses how the advances in information and digital technology affect the business and operation of financial institutions. Using real-life case studies, the course then addresses the delicate issue of balancing the needs between financial innovation for development, financial stability and investor protection, and suggests pre-requisite conditions for financial innovations. The course further identifies forces shaping the banking industry, introduces various business models and delivery channels of banking services, and investigates the changing world of financial intermediation. Lastly, the course deals with the critical strengths of banking institutions in risky and volatile environment – internal control and risk management. Overall, the course is aimed at providing financial professionals, including the regulators, the FinTech professionals as well as entrepreneurs in related areas, with a good understanding of macro-financial environment and dynamics that affect the development and operation of both traditional financial institutions and emerging FinTech industry.
Credit Units: 5
Presentation Pattern: Every January