Podcast Location:
Download it here [file size: 26.9 MB]
Part of:
In Focus: the Law of Finance - 2013 CPD Training Bundle
Categories:
Banking and Financial Services
CPD Points:
Up to 1 point. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

In this CPDcast, Professor Alastair Hudson, author of the leading text, "The Law of Finance"(Sweet & Maxwell,2013), discusses the financial crisis – what happened, why it happened and where to look to understand more.

We then discuss the legislative response to the crisis and take stock of the current legal landscape governing financial services.

Outcomes:
After completing the course you will:
  • Understand the circumstances under which the financial crisis emerged;
  • Be aware of the developments in America which formed part of the crisis;
  • Know where to look for dispassionate and in-depth information regarding the crisis;
  • Be aware of the immediate regulatory response to the financial crisis;
  • Understand the current legislation which has been introduced in the wake of the financial crisis;
  • Note some of the potential weaknesses in the current legislative regime.
Level:
Specialist Difficulty: 5 of 5
Sources and References:
  • The Banking Act 2009;
  • The Banking Special Provisions Act 2008;
  • Blair, A. (2012),Bull By The Horns, Simon & Schuster Paperbacks, New York;
  • The Financial Crisis Inquiry Commission, Financial Crisis Inquiry Report 2011;
  • The Financial Services Banking Reform Bill 2014;
  • Hudson, A. (2013), The Law of Finance, 2nd edition. UK: Sweet & Maxwell Ltd;;
  • Hudson, A. (2013), Securities Law, 2nd edition, London: Sweet & Maxwell Ltd;;
  • Hudson, M. W. (2011), The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America and Spawned a Global Crisis, Macmillan Publishers;
  • Parliamentary Commission on Banking Standards;
  • McDonald, L. G, (2009), A Colossal Failure of Common Sense: The Inside Story Of The Collapse Of Lehman Brothers, Three Rivers Press, New York;
  • Sorkin, A.R (2009), Too Big To Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System-And Themselves, Penguin Books, London;
  • Paulson, H.M (2010), On The Brink: Inside the Race to Stop the Collapse of the Global Financial System, Headline Publishing Group, Great Britain;
  • Treasury Committee Fifth Report – Reporting Contingent Liabilities to Parliament.
Tags:

In this CPDcast, Professor Alastair Hudson discusses the financial crisis and provides an illustrative overview of the legislative response.

NEW! TRANSCRIPT INCLUDED IN ADDITIONAL INFORMATION

Date Recorded: 4th July 2013

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