Banking, insurance, and financial markets law

A.Y. 2020/2021
15
Max ECTS
105
Overall hours
SSD
IUS/04
Language
Italian
Learning objectives
1) Conoscenza e capacità di comprensione. Lo studente deve dimostrare di avere acquisito una conoscenza di base in ordine agli istituti fondamentali del diritto bancario, del diritto delle assicurazioni e degli specifici aspetti della disciplina sui mercati finanziari che saranno affrontati durante il corso.
2) Capacità applicative. Lo studente deve dimostrare di aver acquisito capacità di analisi idonea a selezionare, interpretare e applicare in modo argomentato e giuridicamente sostenibile gli istituti oggetto del corso a fattispecie concrete ispirate a vicende e casi pratici.
3) Autonomia di giudizio. Lo studente deve dimostrare di aver compreso la portata e la funzione degli istituti oggetto del corso e di aver acquisito la capacità di trarre conclusioni in merito alle questioni sollevate in base ad analisi argomentate e giuridicamente sostenibili.
4) Abilità nella comunicazione. Lo studente deve dimostrare di saper esprimere le conoscenze acquisite con coerenza argomentativa, rigore sistematico e proprietà di linguaggio.
5) Capacità di apprendere. Lo studente deve dimostrare di aver sviluppato capacità di apprendimento idonee a proseguire gli studi con un alto grado di autonomia.
Expected learning outcomes
Al termine del corso lo studente che abbia proficuamente appreso la materia avrà una conoscenza approfondita degli argomenti del corso, con l'acquisizione di un metodo di ragionamento idoneo ad affrontare temi giuridici specifici e complessi in materia di diritto bancario, assicurativo e dei mercati finanziari.
Course syllabus and organization

Single session

Responsible
Lesson period
year
According to the emergency regulation, lessons will be held in presence and on the Microsoft Teams platform and can be followed both synchronously based on the timetable of the first term and asynchronously as they will be recorded and uploaded on that same platform and ARIEL. Depending on the number of students who will attend the course, lessons will also be held in presence.
Syllabus and the required book will be the same of the ordinary course.
The exam will consist only of an oral test (on Microsoft Teams).
Course syllabus
he course aims to provide a general framework on the principles and foundations of banking law, insurance and financial markets, through, in particular, the examination of the issues and aspects, strictly topical in doctrine and jurisprudence, relating to bank contracts and insurance and the distribution of financial products to customers.
The first part of the course will be dedicated to a general introduction of banking, insurance and financial activities, in which, after a quick examination of the rules of banking, insurance and financial companies (reference Supervisory Authority; authorization regimes; ownership structures, governance, etc.), particular attention will be paid to supervisory measures aimed at ensuring, with reference to banking and insurance companies, sound and prudent management (capital adequacy, liquidity ratios, technical reserves, own funds, SCR, MCR, etc. .).
The second part of the course will focus on the general discipline of banking, insurance and financial contracts (transparency and general terms and conditions, information obligations, etc.), as well as on insurance distribution and financial intermediation (investment services).
In addition to a wide and complete recognition of the secondary regulations of the Bank of Italy, Consob and Ivass, the analysis will be conducted with a case-by-case approach, examining the main decisions of the Banking Financial Arbitrator (ABF) and the Arbitrator for disputes financial institutions (ACF) and the most recent interventions of the jurisprudence of merit and legitimacy.
Prerequisites for admission
As per the learning regulation of the degree course; in particular, Institutions of Private Law and Constitutional Law are preparatory.
A good knowledge of Institutions of Corporate Law is required.
Teaching methods
The course is structured in lectures, with the attendance of experts as speakers (insurance and banking companies; Supervisory Authority).
Teaching Resources
he reference texts for the exam are the following:
1) P. SFAMENI, A. GIANNELLI, Diritto degli intermediari e dei mercati finanziari, Egea, 2018 (the whole volume but parr. 8.5, 8.6 e 8.7 of chapter 10).
2) G. CAVALLI, M. CALLEGARI, Lezioni sui contratti bancari, Zanichelli, 2011 (the whole volume but chapters 9, 10 and 11).
3) A. Donati-G. Volpe Putzolu, Manuale di diritto delle assicurazioni, Giuffrè, 2019.
Further materials (case law and other sources) will be given and discussed in class.
Assessment methods and Criteria
The exam consists only of an oral test; there are no written tests. The oral test aims to verify, in addition to the knowledge of the notions, the ability to critically address and solve legal issues through the re-elaboration of the acquired knowledge and the understanding and evaluation ability of the cases addressed.
IUS/04 - BUSINESS LAW - University credits: 15
Lessons: 105 hours
Professor(s)
Reception:
Thursday, 10:15 am
Dipartimento di Diritto Privato e Storia del Diritto - 1° floor