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Short Course on Financial Services and Markets Regulation

23-27 April 2018

A one week executive education course taught by leading academics and practitioners.

The Short Course on Financial Services and Markets Regulation is a one week executive education course to run from 23-27 April 2018.

Course organiser: Jo Braithwaite, Law Department, LSE,

Course administrator: Amanda Tinnams, Law Department, LSE

Aims, target market, structure and timing


  • to take a critical and reflective stance on key issues and drivers of financial regulation;

  • to provide a contextual understanding of regulatory provisions and recent changes; and

  • to facilitate strategic decision making by financial institutions, legal advisors and regulators

Target market

  • those with experience in the markets who are moving into positions which require a greater familiarity with the key requirements of financial regulation, e.g. into significant influence functions or different areas of practice

  • regulators seeking the opportunity to gain a deeper evaluation of key issues

  • regulators and practitioners from outside the UK/EU seeking to understand the changes at the global level and in the EU & UK regulatory landscape

Structure and delivery

  • Five sessions per day of 60-75 minutes per session; sessions taught by leading academics and practitioners

Timing for each day

  • Each day will run from 9.30am–4.45pm


  • reforming global, national and EU structures of financial regulation in the wake of the crisis
  • financial stability and how to address the 'too big to fail, to interconnected to fail' problem
  • market transparency and the role of disclosure
  • derivatives trading
  • the role of gatekeepers
  • client protection including client money
  • financial crime
  • corporate governance of banks and the role of NEDs
  • risk management within financial institutions
  • the balance between the roles of governments and markets in regulating the financial system

Academic staff

Dr Heikki Marjosola joined the LSE in 2016 as an Assistant Professor in financial regulation. Before coming to the LSE he did his PhD research at the University of Helsinki and was a Research Associate at the European University Institute, Florence. He has written on EU financial regulation, OTC derivatives regulation, investor protection, and EU law. Heikki’s current research focuses on the regulation of financial market infrastructures, new financial technologies, securities financing, and the institutional design of financial regulation. Previously, Heikki practiced corporate and securities law in a Helsinki-based law firm. Email:

Dr Eva Micheler studied law at the University of Vienna and at the University of Oxford before joining the LSE Law Department in 2001. She is an Associate Professor in Law at the London School of Economics and an ausserordentlicher Universitätsprofessor at the University of Economics in Vienna, where she took Habilitation in 2003. Eva Micheler is also on the management committee of the Systemic Risk Centre at LSE. She was a TMR fellow at the Faculty of Law of the University of Oxford and teaches regularly at Bucerius Law School in Hamburg.

Eva Micheler has written widely on corporate and comparative law. Intermediated securities and holding and transfer systems have been a significant focus of her work. She is a member of the Investor Protection and Intermediaries Standing Committee at the European Securities Markets Authority. She recently advised the UK Department of Business, Innovation and Skills on questions relating to intermediated shareholdings. Professor Micheler’s work has been cited by the UK Supreme Court and by the Austrian Oberster Gerichtshof. She contributes to Gower and Davies, Principles of Modern Company Law and to Gore-Brown on Companies.

Watkin Samuel is a twenty year post qualified solicitor specialising in financial services regulation and compliance. During this period he has held a variety of related roles at leading city institutions including Clifford Chance, NM Rothschild, Fidelity Investments, the Hypo Real Estate Group and Ares Management Limited. Product experience includes lending, investment banking, investment management (retail and alternative), private equity, multi product trading, money services business and Fin Tech. He is currently Head of Compliance at Harwood Capital LLP.

For the past fifteen years Watkin has also lectured part-time at the London School of Economics and spoken at various industry conferences. In 2010 Watkin was nominated Compliance Officer of the Year and was Chair of the British Property Federation Regulatory Committee between 2012 and January 2014. In December 2014 Watkin was included in the FT’s Power Part Time 50 List and he is also a serving Magistrate on the Central Kent Bench.

Edmund-Philipp Schuster joined LSE as an Assistant Professor in 2010. Prior to joining the Law Department, he practiced corporate law with Baker & McKenzie LLP in London and Vienna. From 2004 through 2009 he worked for the Austrian Takeover Commission, serving as head of office (2006-2008) and legal consultant (2008-2009). Edmund taught company and commercial law at the Vienna University of Economics and Business Administration and at the University of Applied Sciences bfi Vienna. He also worked as a company law expert on an EU project providing pre-accession technical assistance to the Republic of Albania. Edmund holds law degrees from the University of Vienna and the LSE. Email:

Dr Roel Theissen (1968) has worked in the area of banking supervision since 1997; first at the Dutch banking supervisor, then on secondment to CEBS (the Committee of European Banking Supervisors, which has since become the European Banking Authority). He has focused on regulation and policy development both domestically (in the Netherlands) and cross border (within the EU and in the Basel context). His investigation of banks and their functioning also led to work on cross-sectoral cooperation with insurance and securities supervisors.

Since 2009 he has been lecturing and writing on prudential supervision in the financial sector. Apart from prudential supervision on banks in the EU, this relates to related areas including insurance supervision, the back office of trading venues, conduct of business policy, and the interaction between the EU, its member states and third countries. Main publications include a handbook on the content of prudential banking supervision (EU Banking Supervision), and an analysis of how to define and achieve the goals of banking supervision (Are EU Banks Safe?). Roel Theissen is a lawyer specialising in prudential supervision issues'.


The London School of Economics and Political Science is one of the major world centres for research and teaching in the social sciences. It has an outstanding reputation, not only in Economics, but also in all the social sciences and closely related subjects such as Government, History, Law and Philosophy. There is a constant interchange of ideas and knowledge between the School and the outside world, notably in relation to regulation.

The London School of Economics and Political Science is the only university in Britain to offer a multi-disciplinary Masters Degree in Regulation

The Short Course on Financial Services and Markets Regulation will be delivered at LSE, Houghton Street, London, WC2A 2AE, or at a nearby location.

Schedule (tbc)

Day 1: Financial Regulation: Roles, Structures and Reforms (Monday 23 April 2018) 

  • Rethinking Financial Regulation

  • Regulatory Architecture – Global Financial Regulation

  • Financial Stability and the Post-crisis Financial System (1)

  • Financial Stability and the Post-crisis Financial System (2)

Day 2: Bank Governance, Prudential Regulation and Derivatives (Tuesday 24 April 2018)   

  •  Prudential Regulation of Banks (1)

  • Prudential Regulation of Banks (2)

  • Prudential Regulation of Insurance Companies

  • Banks Corporate Governance

  • Derivatives Fundamentals – Contracting, Function and Legal Risks

Day 3: Bank Resolution, Trading Venues and CCPs  (Wednesday 25 April 2018)        

  • Bank Resolution (1)

  • Bank Resolution (2)

  • Trading Venues

  • Managing Risk within Financial Institutions

  • Derivatives (2): Post-crisis Regulation

Day 4: Alternative Investment Funds; Regulating Market Participants Private Equity (Thursday 26 April 2018)  

  • Regulating alternative investment funds

  • Senior managers’ liability

  • Anti-money laundering

  • Insider trading and market abuse

Day 5: Regulation and compliance in the financial markets; new financial technology  (Friday 27 April 2018)  

  • Conduct of business rules

  • Client money

  • Brexit

  • Holding, clearing and settling securities through blockchain technology: lesson from bitcoin 

Fees and cancellation


The tuition fees for the Short Course on Financial Services and Markets Regulation, not including accommodation, will be £2,500.00. This fee will include lunches and a drinks reception.

Payment must be paid in full at least five working days before the course commences.


If you register before 28 February 2018, an early booking discount will be offered and the course cost will be £2,250.

Cancellation policy

You may make a substitution, without charge, at any time before the start of the course but all cancellations must be confirmed in writing. Cancellations received more than four weeks prior to the start of the course are not subject to any penalty. Cancellation received after that time incur the following penalties: two to four weeks 50% of the course fee; less than two weeks 100% of the course fee. If written notification is not received and you do not attend, the full course fee will be retained as a cancellation charge.


For further information about obtaining the correct visa, see the LSE visa information pages or visit the UK Home Office website (


If participant numbers are low the course may have to cancelled by 2 April 2018. Refunds for the course registration fee will be applicable only. We reserve the right to change the course presenters and order of events.

Please note that completing the registration form does not mean that your place on the course is confirmed. Your place on the course is only confirmed once full payment of the course fee has been received by LSE one week before the course start date. Places are limited, and are offered on a first come served basis.

Once full payment has been received, confirmation of your place on the course will be sent to you in writing by the LSE Course Administrator. Please do not attend the course until you have received confirmation from the LSE Course Administrator. Joining instructions will be sent to each participant one week before the start of the course. 


Participants are expected to make their own arrangements for accommodation. Rooms can, however, be reserved at one of our halls of residence on a first come first served basis.

For further information on accommodation please telephone: +44 (0)20 7955 7575


Alternatively, you may wish to consider a room at one of these nearby hotels:

The Grange Holborn Hotel (0.5 miles from LSE)
50-60 Southampton Row, London WC1B 4AR

Club Quarters (0.2 miles from LSE)
61 Lincoln's Inn Fields, London WC2A 3JW

Kingsway Hotel (0.3 miles from LSE)
66 Great Queen Street, London WC2B 5BX

The Strand Palace Hotel (0.3 miles from LSE)
372 Strand, London WC2R 0JJ

Citadines Holborn-Covent Garden London (0.4 miles from LSE)
94-99 High Holborn, London WC1V 6LF

Goodenough Club (1.0 mile from LSE)
23 Mecklenburgh Square, London WC1N 2AD

Further information

For further information about this course, please contact the course administrator:

Mrs Amanda Tinnams


Closing date for applications is 9 April 2018.

Application form

Please complete the application form below and email to

Application form [Word document]

Special requirements

Please notify Amanda Tinnams if you have a dietary requirement or if you have a disability.