Young professionals who are looking to get hands-on experience and knowledge of financial markets need to enroll in a finance or banking law program. Students learn about different aspects of finance, including investment management, capital markets, commercial banking, derivatives, and insurance. In Canada, institutions of higher learning that offer a degree in financial law include the University of Ottawa, University of Toronto, and York University. The programs incorporate elements from different areas, including banking, taxation, e-commerce, and international affairs.
The Osgoode Hall Law School offers degrees in tax and securities law to graduates with legal experience. The Securities Law program covers a range of concepts and themes, including enforcement regimes and disclosure requirements, legal structures and transactions, and complex financial products. Students take a wide selection of courses such as international securities regulation, litigation and enforcement, and regulation of financial advisory services. The Tax Law program offers students the opportunity to gain a deeper understanding of the logic, principles, and policies under Canadian and international tax laws. There are two options for students, full-time study and part-time specialization. Students are offered a range of specialized courses such as partnerships and tax shelters, taxation of financial instruments, and comparative VAT.
University of Ottawa
The Faculty of Law at the University of Ottawa features a degree in International Trade and Investment Law with a focus on global economic governance. Courses are available in French or English, and some are offered in both languages. The curriculum includes a selection of courses such as international trade regulation, international business transactions, national security law, and studies in common law and international commerce. Students also explore topics such as economics in international affairs, electronic commerce, and regulatory instruments.
University of Toronto
The University of Toronto offers a degree in Business Law that allows students to explore different aspects of finance, including mergers and acquisitions, cross-border issues in corporate tax, and international insolvencies. The selection of courses for students to choose from includes competition law, securities regulation and corporate finance, and digital trade. Students explore the impact of data and the Internet on global economic activity, analyze rules and norms, and look at how digital transactions may affect national security. They also examine different aspects of banking such as the impact of emerging financial technologies, prudential regulations, the role of central banks, and the business of banking. Another area of study is corporate finances and themes and concepts like:
- Investment bankers and lawyers
- Efficient market theory
- Venture capital
- Corporate restructuring
- Insider trading
- Continuous disclosure obligations
- Exempt Distributions
- Public offerings
- Debt and equity financing
The course in corporate tax helps students to gain understanding of cross-border issues, international taxation, and the Income Tax Act and its structural elements. Students also learn about mergers and acquisitions and topics such as reorganizations, amalgamations, and cross-border M&A transactions. They delve into differences in legal culture and business practices, skills and competencies to conduct corporate transactions, and the structural entities of corporations.
Students across all areas of law are required to take at least 5 courses within their specialization. Professionals enrolled in Canadian universities study the practices, standards, and rules that apply to financial transactions and markets. Financial law is a framework of codes and regulations that aims to maintain financial stability in an environment of continuous innovation, technological advances, and increasing globalization. The transformation of markets and the regulatory and legal environment governing them has created a strong demand for professionals with knowledge and expertise in law and finance. Students enrolled in multi-disciplinary programs gain understanding of bank-client relations, loans, bond issues, formation of companies, initial public offerings, mergers and acquisitions, and regulation and management. They study topics in international and national finance and how legal principles apply in theory and practice.