Financial Regulation: From the 2008 Crisis to Fintech and the COVID Pandemic

Course Description

Embark on an enlightening journey through the intricate world of financial regulation with this comprehensive course offered by MITx. "Financial Regulation: From the 2008 Crisis to Fintech and the COVID Pandemic" is a cutting-edge program designed to equip you with a deep understanding of the financial regulatory landscape, its evolution since the 2008 Global Financial Crisis, and its applications to modern challenges such as Fintech and the COVID-19 pandemic.

This course offers a unique opportunity to delve into the rationale behind financial regulation, evaluate post-crisis reforms, and apply these insights to current financial technologies and global economic events. Led by industry experts, you'll gain invaluable knowledge that's crucial for anyone looking to navigate the complex terrain of modern finance and regulation.

What Students Will Learn

• The fundamental goals and limitations of financial regulation
• Historical context and vulnerabilities that led to the 2008 Global Financial Crisis
• Post-crisis reforms and their impact on the financial industry
• Tools and strategies used to mitigate risks in individual financial institutions and the broader financial system
• Application of regulatory principles to emerging financial technologies (Fintech)
• Regulatory responses to the financial implications of the COVID-19 pandemic
• Critical thinking skills to evaluate the effectiveness of regulatory measures

Prerequisites

This course is designed as an introductory level program, and there are no specific prerequisites. However, a basic understanding of economics and finance concepts would be beneficial.

Course Coverage

• Rationale and goals of financial regulation
• Pre-2008 crisis vulnerabilities and their causes
• Post-crisis regulatory reforms and their effectiveness
• Risk mitigation tools for individual institutions and systemic risks
• Regulation of systemically important financial institutions
• OTC derivatives reforms and market infrastructures
• Fintech and its regulatory implications
• Regulatory adaptations in response to the COVID-19 pandemic

Who This Course Is For

• Finance professionals seeking to understand regulatory frameworks
• Regulators and policymakers looking to enhance their knowledge
• Students of economics, finance, or business administration
• Fintech entrepreneurs and innovators
• Anyone interested in understanding the complexities of financial regulation and its real-world applications

Real-World Applications

• Developing compliant financial products and services
• Navigating regulatory requirements in financial institutions
• Advising on regulatory matters in consulting roles
• Implementing risk management strategies in financial firms
• Innovating in the Fintech space while adhering to regulatory standards
• Analyzing and predicting regulatory trends for investment purposes
• Contributing to policy discussions and developments in financial regulation

Syllabus

• Module 0: How the Regulatory World Changed after the Global Financial Crisis
• Module 1: Why Regulate?
• Module 2: Housing and Finance
• Module 3: Banks and Non-bank Financial Institutions
• Module 4: Capital and Liquidity
• Module 5: Systemically-Important Financial Institutions and "Too Big to Fail"
• Module 6: OTC Derivatives Reforms and Market Infrastructures
• Module 7: Regulation of the Future: Adding Fintech to the Mix
• Module 8: Altering Regulation to Respond to the COVID19 Pandemic