Podcast Location:
Download it here [file size: 24.8 MB]
Part of:
In Focus: the Law of Finance - 2013 CPD Training Bundle
Banking and Financial Services
CPD Points:
Up to 1 point. details »

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Listen and pass the quiz: Gain 1 CPD point (60 minutes)
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  • FREE
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
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Course Aims:

In this CPDcast Professor Alastair Hudson, author of the leading text on securities law and Professor of Equity and Finance Law at the University of Southampton, provides an illustrative introductory guide to the regulatory framework governing securities law.

This CPDcast will be of interest to any financial services lawyers or practitioners seeking to demystify or contextualise this extensive and complex area of law.

After completing the course you will:
  • Be aware of what exactly is included within securities law;
  • Know the most important sources of securities regulation including prospectus regulation;
  • Understand how securities law has developed, including the significance of the Lamfalussy process;
  • Know how securities law is governed in the UK and what obligations are imposed by the FCA Securities Regulations.
Specialist Difficulty: 5 of 5
Panel Discussion
Sources and References:
  • Caparo v Dickman [1990] UKHL 2;
  • Consolidated Admissions and Reporting Directive (2001/34/EC);
  • De Larosiere Report;
  • FCA Handbook - The Disclosure and Transparency Rules;
  • The Financial Services and Markets Act 2000;
  • Financial Services Authority Model Code;
  • Hudson, A. (2013), Securities Law, 2nd edition, London: Sweet & Maxwell Ltd;
  • Hudson, A. (2013), The Law of Finance, 2nd edition. UK: Sweet & Maxwell Ltd;
  • Investment Services Directive 1993;
  • Market Abuse Directive (2003/6/EC);
  • Possfund Custodian Trustee Ltd v Diamond [1996] 1 WLR 1351;
  • Prospectus Directive (2010/73/EU);
  • Prospectus Regulations 2005;
  • Transparency Directive 2004/109/EC.

This CPDcast provides a bird’s eye view of the law of securities and outlines the fundamental sources of regulation and the developments which have shaped the European and domestic regulatory framework.


Date Recorded: 4th July 2013

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