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: YesCourse 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