Financial Regulation: From the Global Financial Crisis to Fintech and the COVID Pandemic
This course will provide the underpinning rationale for financial regulation and evaluate the post-Global Financial Crisis reforms in this light, noting adaptions that were required due to systemic nature of the crisis and the need to ensure private sector compliance. It then applies these rationales and lessons learned to current topics in Fintech and the response to the Covid-19 pandemic.
The objectives of this course are to:
- Identify the goals of financial regulation and understand the conditions under which regulation would make the financial system safer and more efficient and when it could be counterproductive.
- Identify the precursors and vulnerabilities that give rise to financial crisis, including historical contexts, technological developments, and private sector responses to previous regulation.
- Understand the main tools currently in use to mitigate stand-alone risks in individual financial institutions as well as stability risks to the financial system as a whole and evaluate their effectiveness, noting unintended consequences.
- Apply the basic rationales and goals for regulation to technological financial innovations (e.g., fintech) and how the post-2008 reforms have influenced the ongoing responses to the financial implications of the COVID pandemic.
Who should attend?
- How the Regulatory World Changed after the Global Financial Crisis
- Why Regulate?
- Housing and Finance
- Banks and Non-bank Financial Institutions
- Capital and Liquidity
- Systemically-Important Financial Institutions and “Too Big to Fail”
- OTC Derivatives Reforms and Market Infrastructures
- Regulation of the Future: Adding Fintech to the Mix
- Altering Regulation to Respond to the COVID19 Pandemic
Course delivery details
This course is offered through Massachusetts Institute of Technology, a partner institute of EdX.
6-10 hours per week
- Verified Track -$49
- Audit Track - Free
Certification / Credits
What you'll learn
- Goals and limitations of financial regulation
- Vulnerabilities prior to the 2008 Global Financial Crisis and subsequent reforms
- Types of policy tools used to prevent weak institutions and financial instability
- Applications to fintech and the recent COVID pandemic
Contact this provider
edX For Business helps leading companies upskill their labor forces by making the world’s greatest educational resources available to learners across a wide variety of in-demand fields. edX For Business delivers high-quality corporate eLearning to train and engage your employees...