This course focuses on banking regulation and supervision, and in particular the capital regulation. Special attention will be dedicated to the Basel Accord. The design of Basel III has been unveiled and the merits of the changes recently introduced in the light of the crisis will be discussed, as well as the merits of the government and monetary authorities’ intervention, and its potential negative consequences.
The course begins with a brief overview of the financial system and a presentation of the nature of banking activities in order to understand the apparent complexity of the contemporary banking and the financial system.
Nathalie Janson is Associate Professor of international finance and economics. She holds a PhD in Economics of Banking from Université Paris La Sorbonne (2000) and a Master Degree in International Economics and Banking from Université Paris IX in Dauphine, France. She has a long standing teaching experience in International Finance, Financial Intermediation, Financial Institutions, Corporate Finance, and Money and Banking. Her research focuses on bank capital regulation, free banking and banking history.