Module Information

Module Identifier
Module Title
International Banking Law: Capital Markets and Loans
Academic Year
Intended for use in future years

Course Delivery

Delivery Type Delivery length / details
Other Private study on DL units; Preparation and submission of written assignment; Additional research and private study


Assessment Type Assessment length / details Proportion
Semester Assessment Module Assessment  Written Assignment of 5,000 words  100%

Learning Outcomes

On successful completion of this module students should be able to:

1. Display a knowledge and understanding of the key issues in the international capital markets.
2. Display a knowledge and understanding of the legal issues and an awareness of the commercial context.
3. Critically evaluate the current judicial, legislative and regulatory approaches towards these transactions in the international financial markets.
4. Display an ability to access the relevant literature and materials in this field and how to use them in a critical discussion of the issues covered by this subject.
5. Present critical and well-informed argument regarding the ways in which these products operate with special focus on the legal and commercial issues.

Brief description

This module will provide an opportunity to examine the legal and commercial issues surrounding raising capital in the international financial markets. The module explores how companies raise finance by way of borrowing and also by the issue of bonds on the international markets. In particular the module focuses on the use of syndicated loans and the issue of international bonds.


1. An introduction to the international financial markets including an examination of the type of products available, the legal and commercial issues which apply, a study of London as a major international centre and the reason for the dominance of English law in this market.
2. A detailed examination of international syndicated lending.
3. An examination of the issues relating to the raising of finance by way of international bonds.
4. A comparison of syndicated loans and international bonds as methods of raising finance.
5. An examination of case studies illustrating the issues raised in the module.

Reading List

Recommended Text
Clarke, William (2008) How the City of London Works Thomson Primo search Tennekoon, Ravi (1992) The Law and Regulation of International Finance Butterworths Primo search Wood, Philip (2008) Law and Practice of International Finance Thomson Primo search


This module is at CQFW Level 7