This course seeks to identify society’s perception of its economic, social, and other needs with respect to banking and financial regulation, and examines the underlying principles that law has offered to meet these needs. Proceeding from an international and comparative perspective, the course examines the system of financial and banking regulations in selected jurisdictions including Hong Kong and other Asian countries. The rule setting process periodically initiated by the Basel Committee on Banking Supervision (BCBS) and the Financial Stability Board (FSB) as international bodies monitoring the global financial system will be introduced. The roles of Hong Kong as BCBS member and the Hong Kong Monetary Authority as FSB member will be analysed, particularly with respect to the implementation of rules and standards. While the focus of the course is on banking regulatory law, reference will be made to legal concepts facilitating international financial transactions with relevance for doing business in Hong Kong, such as for example the standards set by the London-based Loan Market Association (LMA) or Islamic finance. Students will also develop problem-solving and legal research, writing, and presentation skills to an appropriate postgraduate level.