International Finance and Commercial Law

Course Overview

This LLM aims to equip you with detailed knowledge and understanding of a range of areas within financial and commercial law.

It’ll prepare you for senior careers in a fast-changing global context. You’ll study the legal concepts, values, principles, and rules which underpin English, European, international, and transnational law in this area. Your familiarity with different legal frameworks and how they apply across jurisdictions gives you a competitive advantage in your career.

Informed by our own world-leading research, at the forefront of practice, you’ll also explore current problems and challenges facing financial institutions and commercial entities.

Webinars and online forums provide opportunities to discuss examples from your own jurisdictions and workplaces with a wide range of experienced legal professionals studying the course.

Course details

Mode:100% online
Length:2 years, part time
Fees:£22,632
Start dates:23 September 2024
Next welcome week:
Next start date:23 September 2024
Application deadline:23 August 2024

How you're assessed

What are the entry requirements?

Standard Requirement: A 2:1 (Hons) or above (or international equivalent) in a Law degree or joint Law degree, or 60% or above in an LLM or Graduate Diploma in Law (or international equivalent).

Non-Standard Requirement: Please note that if you have a lower degree classification, or a degree in an unrelated subject, your application may still be considered if the following criteria can be met (all applications are considered on a case-by-case basis):

A high 2:2 (57%) in a single or joint degree in Law or international equivalent and at least three years’ professional legal experience.
A 2:1 in a non-Law honours degree or international equivalent and at least three years’ professional legal experience.
A previous master’s degree (or above) in a non-Law subject area or equivalent and at least three years’ professional legal experience.
Candidates who fail to meet the criteria above are unlikely to be successful.

English Language Requirement. English language band: B

To study at King’s, it is essential that you can communicate in English effectively in an academic environment. You’re usually required to provide certification of your competence in English before starting your studies.

Nationals of majority English speaking countries (as defined by the UKVI) who have permanently resided in this country are not usually required to complete an additional English language test. This is also the case for applicants who have successfully completed:

An undergraduate degree (at least three years duration) within five years of the course start date.
A postgraduate taught degree (at least one year) within five years of the course start date.
A PhD in a majority English-speaking country (as defined by the UKVI) within five years of the course start date.

Personal Statement and Supporting Information: You’ll need to submit a personal statement, CV and two reference letters as part of your application.

Your personal statement should address the following two questions:

Why are you applying for this specific programme and how does it fit in with your future plans?
How does your experience and education make you a suitable candidate for the programme?
You’ll also need to submit a copy (or copies) of your official academic transcript(s), showing the subjects studied and marks obtained. If you have already completed your degree, copies of your official degree certificate will also be required. Applicants with academic documents issued in a language other than English, will need to submit both the original and official translation of their documents.

 

 

Course modules

This module focuses on the main steps of arbitral proceedings, from the drawing of the arbitration agreement to the enforcement of the arbitral award. You’ll get an overview of international commercial arbitration in both theory and practice. It provides a brief history of international commercial arbitration and examines the diversity of the legal systems that may apply during proceedings, either procedurally or substantively. You’ll learn to assess legal issues and the problems that may arise from international commercial arbitration. You’ll also understand how to propose and present recommendations to deal with them.

International trade is inherently risky. Sellers (exporters) run the risk of buyers failing to pay for goods, so they prefer payment upfront; buyers (importers) run the risk of not receiving the goods for which they paid, so they prefer to pay after receipt. Since medieval times and the Lex Mercatoria, innovative approaches have been developed to protect the financing of international trade. In this module, you’ll study different approaches, including the use of collections, documentary credits, and demand guarantees. You’ll consider the financial intermediaries and third-party principals or sureties who facilitate trade transactions. You’ll also examine the legal and practical implications of these key instruments and relationships.

This module introduces you to the principles of finance theory, and their practical implications in the context of equity and debt finance and secured lending. The focus is on equity and debt securities (shares, bonds, notes, hybrid instruments) and modern funding techniques (term loans, lines of credit, syndicated loans). You’ll also examine the mechanisms for securing repayment (security interests, quasi-security).

This module explores the purpose and function of mergers and acquisitions and the role that the legal framework plays in facilitating or restricting takeover activity. The focus of the module is on the regulation of public takeovers in the UK, but you’ll also study comparative elements of the EU and US regulatory frameworks. The module contains several case studies of recent transactions that allow us to discuss controversial elements of law and policy in context.

This module introduces you to the theory and practice of modern debt restructuring techniques. Firmly grounded in bankruptcy theory, it analyses relevant legal issues through the lens of a combination of a ‘commons/anti-commons’ approach and ‘contractualisation of bankruptcy’ models. It includes purely contractual arrangements, such as intercreditor agreements, security enforcement and release provisions. You’ll also look at statutory mechanisms, including (pre-pack) administrations, schemes of arrangement and company voluntary arrangement.

This module considers the objectives of transnational financial regulation, the governance structures, and legal problems facing financial markets and financial institutions. It examines forms of economic and financial integration, and rules governing selected aspects of regulation, including banking, credit rating agencies, insider dealing, and market manipulation. You’ll study the principal features of the law of Economic and Monetary Union and Banking Union of the European Union.

This module aims to introduce the principles of international banking regulation and supervision. The focus is on the risks that banks are exposed to in their day-to-day operations and in their interaction with other intermediaries within financial markets and within payment and clearing systems. The module also explores the ways banks, regulators and supervisors manage and mitigate these risks.

This module aims to introduce the students to modern financial products in the retail and wholesale markets. The focus is on modern funding techniques (syndicated loans, term loans, lines of credit); debt securities (bonds, notes, commercial paper, hybrid instruments); techniques for securing repayment (security interests and title-based financing) and complex financing structures (securitisation, collateralised debt obligations and the hedging of exposures through derivatives, as well as repo financing).

Delve into the operation and functioning of modern capital and financial markets in bonds, equities, and derivatives. This covers both the technical and legal side of the way different financial instruments are now issued, held, and traded. You will consider the provision of custodial services, the clearing and settlement of these instruments and the modern legal frameworks and regulatory principles that apply, including the impact of CSR and ESG frameworks on capital markets transactions. Of particular significance are innovative financial products, trading techniques and their regulation.

A typical private equity transaction involves the acquisition of a business by borrowing money from a third party which is to be repaid with the business’ own cash flows. Until repayment is complete, the business’ assets secure the outstanding debt. With the number of private equity transactions on the rise, this module analyses the economic rationale and legal nature of these transactions. It addresses the policy concerns in terms of disclosure and transparency, as well as minority shareholder and employee protection.

Register for this class.

"*" indicates required fields

Max. file size: 1 MB.
Max. file size: 1 MB.
Max. file size: 1 MB.
Max. file size: 1 MB.
Max. file size: 1 MB.
Max. file size: 1 MB.

Personal Information

This field is for validation purposes and should be left unchanged.

Get More Information

Complete the form to send an enquiry

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Similar Programs