Lawyer in the Field of Financial Market (Financial Lawyer)

• Legal Aspects of State Regulation and Self-Regulation in the Financial Market
• Legal Status of Credit Institutions
• Legal Regulation of Depository and Settlement Transactions
• Payment Systems
• Current Issues in Legal Regulation of Securities Market
• Legal Aspects of Investments in the Financial Market
• Suppression of Illegal Acts in the Financial Market
• Tax Operations in the Financial Markets
• Insolvency (Bankruptcy) Law
• Legal Regulation of Advertising
• Legal Regulation of Credit Operations
• Consumer Protection in the Financial Market

• The master’s programme "Lawyer in the Field of Financial Market (Financial Lawyer)" combines fundamental theoretical training based on the latest research in the field of the financial market with knowledge of legal precedents in the current legislation
• The training is based on an interdisciplinary and systematic approach that will provide graduates with a range of knowledge, and skills in law, finance, management and cutting-edge technology. The applied approach that focuses the learning process on solving practical tasks makes it possible to teach skills to support activities in the financial market
• The teaching staff use advanced teaching methods including information technology, case studies, role plays, and business games. The training is focused on the analysis of law enforcement practice in order to develop various options for solving the challenges of applying the law
• The programme combines professional legal courses with financial management courses. This makes it possible to train highly qualified lawyers
• During training, legal issues of application of new financial technologies in the field of finance are studied: Fintech (transactions using financial platforms, cryptocurrency, and blockchain to name just a few); and LegalTech (technology and software to provide legal services on financial markets)
• The academic programme has been designed taking into account the views of employers on the correlation of graduates’ competencies and job functions in their professional activities

The programme is a set of courses that has no analogues in the system of legal education. Mastering them makes it possible to acquire a set of theoretical knowledge and practical skills in the field of the financial market.

The structure of the academic programme makes it possible for students to obtain systemic knowledge of legal regulation in the financial market through: a set of economic courses; a set of special legal courses; and master classes from experienced practicing lawyers.

Students receive fundamental training in legal regulation in the financial market. This is the basis for their further research activities, and makes it possible to deepen their knowledge in doctoral programmes at St Petersburg University.

The academic programme provides students with an opportunity to publish their research findings. The areas of these studies result from direct communication with practicing lawyers specialising in the financial market.

During training, students are provided with internship opportunities at leading Russian and foreign educational institutions.

• Legal status of the Central Bank of the Russian Federation as a single regulator in the financial services market
• Ways of social regulation in the financial services market: political and legal aspects
• Self-regulation as a way of social regulation in the financial services market
• Legal status of self-regulatory organisations in the financial market
• Legal status of a qualified investor in the financial services market
• Legal status of a non-qualified investor in the financial services market
• International banking standards: implementation issues
• Bonds as objects of civil rights
• Legal regime of bonds in Russian law
• Legal status of depositors and non-bank investors in the bond market of the Russian Federation
• Legal regulation of structured financing
• Implementation of international law in the financial market into the Russian national legal system: concept, challenges, and prospects
• Close-out netting as a legal way to settle derivative liabilities
• Legal regulation of close-out netting as an investor protection tool
• Legal regulation of close-out netting in case of insolvency (bankruptcy) of a client of a professional participant (broker, trustee)
• Legal instruments of risk hedging
• Hedging as a legal tool for regulating currency risks
• Trust management as a legal institution for investment transactions
• Legal regulation of hedge funds
• Legal regime for the mandatory margining of OTC derivatives
• Legal regime for the mandatory margining as a way to ensure financial stability in the financial market
• Legal regime for the global exchange of tax information: case studies of FATCA and CRS
• Harmonisation of national tax laws as part of BEPS implementation: legal aspects
• The impact of national regulation and (or) the regulator in the jurisdiction of incorporation on the issuance by the organisation of debt instruments outside the jurisdiction of incorporation: legal aspects
• Legal regime for financial transactions
• Legal status of the Central Bank of the Russian Federation as a single regulator in the financial services market
• Self-regulation as a way of social regulation in the financial services market
• Legal status of qualified and non-qualified investors
• Legal status of a non-qualified investor in the financial services market
• Legal status of depositors and non-bank investors
• Legal regulation of structured financing
• Implementation of international law in the financial market into the Russian national legal system
• Close-out netting as a legal way to settle derivative liabilities
• Legal regulation of close-out netting
• Legal instruments of risk hedging

• The Academy of the Ministry of Internal Affairs of the Republic of Belarus
• Vilnius University (Lithuania)
• Universität Hamburg (Germany)
• Charles University (the Czech Republic)
• Peking University (China)
• Freie Universität Berlin (Germany)
• The University of Belgrade (Serbia)
• The University of Passau (Germany)
• Hanoi Law University (Vietnam)

Master’s students have an opportunity to take advantage of St Petersburg University’s extensive international links.

The programme is aimed at training specialists with the required skills and competencies for the professional activity of a lawyer in the field of financial markets. Such lawyers are capable of practical implementation of professional activities in the field of legislation regulating the development of modern technologies and are competitive in the Russian and foreign labour markets.

• Law enforcement in finance and provision of financial services by specialised entities
• Lawmaking (norm-setting) activities
• Law enforcement
• Expert advice and consulting in finance and provision of financial services by specialised entities
• Organisation and management in finance and provision of financial services by specialised entities