• University of Exeter Business School
• Module

Regulation, Compliance and Risk Control

Module description

Module aims - intentions of the module

This module aims to provide students with a detailed working knowledge of the UK regulatory environment and a general understanding of regulation in the EU and other international aspects. Students should be able to demonstrate detailed knowledge of operational risk and a general knowledge of other types of risk within an organisation. 

The module also provides students with a detailed knowledge of income collection, custody and corporation actions and a general knowledge of corporate governance, proxy voting and withholding tax plus fund administration. The overall aim is to equip the students with a through awareness of the latest regulatory developments in both domestic and international markets. Students should be able to comment on current or future developments, such as the impact of new regulations on operational issues, or on industry issues such as operational risk, exchange consolidation, the introduction of CCPs, outsourcing or any other subject concerning developing industry practice.

Intended Learning Outcomes (ILOs)

ILO: Module-specific skills

On successfully completing the module you will be able to...

• 1. Explain the banking business model and the associated risks
• 2. Address the statutory and regulatory banking framework and objectives
• 3. Identify the issues of banks' corporate governance and the approaches to address these issues
• 4. Explain the primary areas of bank regulation and the associated regulatory expectations for internal governance
• 5. Recognise different approaches to deal with systemic risks
• 6. Understand examples of market failures and responses of regulators

ILO: Discipline-specific skills

On successfully completing the module you will be able to...

• 7. Demonstrate a detailed knowledge of the UK regulatory environment and a general understanding of regulation in the EU and other international aspects
• 8. Keep up-to-date with current developments and sector relevant legal/regulatory changes

ILO: Personal and key skills

On successfully completing the module you will be able to...

• 9. Demonstrate the ability to recommend and implement practical solutions to a range of risks and issues
• 10. Demonstrate a high-level overview of the role and responsibilities within the institution
• 11. Develop the ability to adapt their approach positively to manage priorities as circumstances change, new tasks need to be done or when business requirements change

Syllabus plan

• The banking framework 

• The roles of risk management and compliance 

• The solutions to systemic risk 

• The future of bank regulation, risk management and compliance 

Learning activities and teaching methods (given in hours of study time)

Details of learning activities and teaching methods

Formative assessment

Summative assessment (% of credit)

Details of summative assessment

Details of re-assessment (where required by referral or deferral)

Re-assessment notes

Defer – as first time

Refer – capped at 40%

Indicative learning resources - Basic reading

Basic reading:

• Regulation, complaince and risk control by Alexander Dill  

Key words search

Regulation, compliance, risk control