Professor Niamh Moloney, NAB 7.16

For LLM, MSc Law and Accounting and MSc Management and other Master's level students with permission.

The course examines the legal issues arising out of the operation of the capital markets as intermediaries between investors and issuers; it focuses on the regulation of capital-raising through the markets. The topics covered include: disclosure theory; the role of trading markets in finance-raising and their regulation; prospectus disclosure; ongoing disclosure; market abuse; and the internationalization of capital-raising and harmonization. The course will focus on English law but reference will be made to the relevant EU rules. Course coverage may vary slightly from year to year.

Two-hour weekly lecture and four one-hour back up classes (fortnightly) in LT.

Students are asked to submit one 2,000 word essay.

Reading lists will be provided in advance for each session. Sample texts include: Gower and Davies, Principles of Modern Company Law, 8th edition, 2008; Ferran, Principles of Corporate Finance Law, 2008; Scott, International Finance. Law and Regulation, 2nd edition, 2008; Davies et al, The Anatomy of Corporate Law (2004); Ferran, Building an EU Securities Market (2004).

Ferran, Principles of Corporate Finance Law, 2008, 409-421; Moloney, EC Securities Regulation, 2nd edition 2008, 93-101; Ferran, Building an EU Securities Market (2004) Chapters 1 and 2; Davies et al, The Anatomy of Corporate Law (2004) Chapter 8.

Students taking Law of Corporate Finance B are required to sit one two-hour unseen examination in the ST (100%).