94294 - The Law and Economics of Fintech

Learning outcomes

The course aims to provide students with a comprehensive understanding to the EU law of State aids in the financial sector, covering the relevant legal framework, case law, and the fundamental issues shaping EU State aid policy. Starting from a comprehensive presentation of State aid policy, its origin and evolution in the European Union, the course will dwell on practical aspects such as procedures for notification to the European Commission, and enforcement in the European Court and national courts. Most importantly, the course will offer an in-depth analysis of the Communication on state aids in the banking sector of 2013, of its application (measured against previous practice) and of the ensuing case law, as well as its relationship with further legislative developments in the field of bank resolution.

Course contents

This is a module under the Jean Monnet Chair in Digital Market Law.

The Chair is financed by the European Union.

Indicative content:

Fintech and the EU single market

Fintech and big data

Personal Data Protection

Case studies. E.g. Robo advisors, crowdfunding, open banking

Readings/Bibliography

Fintech: Law and Regulation / Jelena Madir / Ed. Edward Elgar Pub / 2019

Teaching methods

Lectures, seminars, group readings, class and/or individual presentations

Assessment methods

Written dissertation and oral presentation in class

Mark descriptors:

• <18 insufficient - not pass

• 18-23 pass, sufficient

• 24-27 pass, good

• 28-30 pass, very good

• 30 cum laude pass, excellent

Teaching tools

PowerPoint, informative/reading material

Office hours

See the website of Federico Ferretti