BTC5914 Scandal: Risk, ethics, and consequences in finance law

Regulation of financial officers, institutions, and markets continues to evolve in the face of numerous regulatory failures. There is increasing importance, therefore, for financial actors to comprehend the principles of risk management and regulation, as well as the ethical responsibilities that exist outside of regulatory constraint. Concerned individuals must engage in a robust examination and discussion of financial malfeasance and the legal consequences thereof. A greater understanding of the regulatory landscape empowers learners to evade regulatory pitfalls and further encourages innovative solutions to managing business risk.

This unit introduces you to risk assessment, business ethics and finance law through the lens of multiple banking scandals. You will gain an understanding of the business concepts and principles under-girding financial regulations and attendant regulatory risk, the ethical duties of individuals and institutions in the financial world, and the consequences of malfeasance in various business contexts. You will also be introduced to the existing and proposed regulatory regimes and instruments (within and outside of Australia) growing out of these lapses. A range of case studies drawn from across different regulatory regimes will enable you to consider the practical, legal, ethical and regulatory issues in the rapidly changing world of finance.