FL400 – Financial Law & Regulation of Financial Markets

This course focuses on the legal regulations governing financial capital markets. This course, drawing on rules and practices in the United Kingdom and other mature financial markets, focuses on key problems affecting the Cyprus financial market, including information asymmetry, insider trading and inertia in the enforcement of regulations relating to the financial market. The issues highlighted, though not exhaustive, represent foundational and fundamental challenges with the current system in Cyprus. Using a mix of doctrinal and comparative analysis, the course argues that the subsisting regulation of the financial market in Cyprus lacks in many respects requisite legislative and enforcement tools to deal with the problems highlighted. As such, redressing these problems along the lines of the recommendations contained in this course would prove to be a crucial step in achieving sustainable financing for corporate entities in Cyprus as well as a viable Cyprus economy.