The LLM in International Corporate Governance, Financial Regulation and Economic Law (ICGFREL) is an advanced-level programme examining corporate governance, financial regulation and economic law from an international and comparative perspective with particular focus on European and UK corporate governance regulation and practices, and international institutional developments. 

The programme is based at the Institute of Advanced Legal Studies, a member institute of the School of Advanced Study, University of London.

It builds on the Institute’s existing research expertise in the area of company law, corporate governance, international economic law, financial regulation, law of foreign investment and financial law. It has been designed to appeal to law graduates as well as those in other disciplines—such as business studies, international relations, and finance and economics—who would like to learn more about the legal side of international economic relations and to develop a specialised understanding of corporate governance concepts and the role of financial regulation in today’s globalised financial markets. The Institute is uniquely qualified and situated to offer this academic law degree programme in London, the world’s leading international financial centre. 

The ever-changing nature of international financial markets and new challenges and crises associated with this dynamic sector of the global economy require an interdisciplinary and international approach. This LLM course, which combines law and economics of financial markets and services, will meet the needs of law and business graduates who wish to pursue a career in financial services and to develop their knowledge and skills in an important and complex field. 

The degree of LLM in International Corporate Governance, Financial Regulation and Economic Law is awarded by the University of London at a ceremony held each year in Senate House. 

> Course Handbook

How will this course benefit me?

The LLM in International Corporate Governance, Financial Regulation and Economic Law aims to: 

  • Widen students’ knowledge of corporate governance, financial regulation and international and comparative aspects of economic law and financial regulation 
  • Introduce students to the principles and theories that underlie the field and to the role of financial regulation and legal mechanisms in averting and/or managing financial crises 
  • Stimulate broader strategic thinking about the goals of corporate and financial regulation and how it affects business strategy and overarching public policy, with an analysis of the economic and legal principles applied to practical case studies 
  • Address the public policy aspects of financial regulation and corporate governance 
  • Assist students in developing the skills in legal analysis and compliance with laws and regulation required for a dynamic career related to the law, regulation and practice of financial markets, or to the financial services sector

 

Degree overview

The programme offers modules that analyse corporate governance, financial regulation and international economics and financial law from a European and comparative perspective.

The main themes include the role of international economic organisations in globalised financial markets and the emerging legal and regulatory institutions that govern European financial markets. The United Kingdom’s legal and regulatory regime is an important area of focus, including the various institutional models of regulation.

Although the programme’s core modules focus mainly on an academic analysis of the relevant legal and regulatory concepts and principles, elective modules offered by legal and regulatory practitioners address the practical aspects of corporate governance and financial regulation. The modules are taught by leading academics from the University of London and other UK universities.

 

Structure

Core modules 2017–18 

  • International Corporate Governance and Transnational Corporations 
  • International Capital Markets Law and Securities Regulation

Elective modules*

  • Bank Corporate Governance 
  • The Law of International Trade and Finance 
  • Money Laundering and Financial Regulation 
  • LLM Research Methods Training 
  • International Economic Law and Organizations 

* Availability of elective modules and lecturers may vary from year to year.

Dissertation

  • 15,000 words, topic identified by student, to be agreed with supervisor
     

Mode of study

12 months full time or 24 months part time. Full-time students complete taught modules during the first and second terms (October–March) and write the dissertation during the third term (April–June).

Part-time students typically take four modules in the first year of study and two modules plus the dissertation in the second year. 

 

Lecturing and teaching

The academic faculty for the programme consists of leading scholars in the fields of national and international financial law and regulation, European and UK economic law, corporate governance and corporate law and practice. Faculty members have published in the leading academic presses and journals, including Oxford University Press, Cambridge University Press, and Lexis-Nexis/ Butterworths.

Faculty members have also authored major government reports and have served as advisers to the European Union Parliament Committee on Economic and Monetary Affairs and the House of Lords Select Committee on Economic Affairs. Experienced practitioners will teach some modules; guest lectures are presented by eminent lawyers and jurists.