LL4AT      Half Unit
Regulation: Strategies and Enforcement

This information is for the 2025/26 session.

Course Convenor

Prof Veerle Heyvaert

Availability

This course is available on the LLM (extended part-time), LLM (full-time), MSc in Law and Finance and University of Pennsylvania Law School LLM Visiting Students. This course is available with permission as an outside option to students on other programmes where regulations permit. This course uses controlled access as part of the course selection process.

How to apply: Priority will be given initially to LLM, MSc Regulation and MSc Law and Finance students on a first-come-first-served allocation.

Spaces permitting, requests from all other students will be processed on the same first-come-first-served allocation from 10am on Thursday 2 October 2025

By submitting an application, students are confirming that they meet any pre-requisites specified. Providing an additional written statement will not aid a student's chances of being accepted onto a course, and statements are not read.

Deadline for application: Not applicable

For queries contact: Law.llm@lse.ac.uk

This course will be relevant to the following LLM specialisms: Financial Law and Regulation; Corporate and Commercial Law; Criminal Law and Justice; IT and Data Law; Intellectual Property Law; Law, Politics and Social Change; Public Law; European, Comparative and Transnational Law; and Environmental, Climate Change and Energy Law.

This course has a limited number of places and we cannot guarantee all students will get a place.

Course content

The course examines the key issues of regulatory strategies and their implementation. It deals with issues from a systemic and comparative perspective and draws on approaches encountered in public administration, socio-legal studies and institutional economics. Topics include:

• What is Regulation and why regulate?

• Regulation Strategies: Command-and-control; regulating through rules, standards and principles; alternative approaches including emissions trading; and self-regulation

• Risk regulation as a regulatory paradigm

• Enforcement: tools, strategies and principles

• Regulatory Policy: Cost/benefit Assessment, Regulatory Impact Assessment and Better Regulation;

• Regulatory competition; and 

• Transnational Regulation

Teaching

20 hours of seminars in the Autumn Term.

This course has a reading week in Week 6 of Autumn Term.

Formative assessment

The student can choose between a formative essay (1,000 - 1,500 word limit) or a mock exam.

 

Indicative reading

R Baldwin, M Cave and M. Lodge Understanding Regulation 2nd ed.(OUP, 2011); R. Baldwin, M. Cave and M. Lodge (ed.) Oxford Handbook on Regulation (OUP, 2012) Ian Ayres and John Braithwaite, Responsive Regulation: Transcending the Deregulation Debate by (OUP, 1992); V. Heyvaert, Transnational Environmental Regulation and Governance (CUP, 2019) B. Morgan and K. Yeung, An Introduction to Law and Regulation (CUP, 2007).

Assessment

Written test (100%)

This assessment will be held under exam conditions and will take place in the January exam period.


Key facts

Department: LSE Law School

Course Study Period: Autumn Term

Unit value: Half unit

FHEQ Level: Level 7

CEFR Level: Null

Total students 2024/25: 32

Average class size 2024/25: 32

Controlled access 2024/25: No
Guidelines for interpreting course guide information

Course selection videos

Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.

For this course, please see the following link/s:

LL4AT Regulation: Strategies and Enforcement course Guide Video https://youtu.be/0mdJzD_ktFw

Personal development skills

  • Communication
  • Specialist skills