| CODE | PPL1941 | ||||||||||||
| TITLE | Corporate, Financial and Public Governance | ||||||||||||
| 今日黑料 LEVEL | 01 - Year 1 in Modular Undergraduate Course | ||||||||||||
| EQF/MQF LEVEL | 5 | ||||||||||||
| ECTS CREDITS | 4 | ||||||||||||
| DEPARTMENT | Policy, Politics and Governance | ||||||||||||
| DESCRIPTION | The demand for professionals skilled in Governance, Risk Management, and Compliance (GRC) has grown across all sectors of the economy. This study-unit focuses on governance and introduces students to the principles and practices of good governance, helping them identify, measure, and manage potential gaps while ensuring adherence to rules and regulations. The increasing market demand and shortage of qualified personnel with expertise in GRC highlight the importance of addressing this skills gap. This study-unit is designed for students aspiring to work in public or private organisations, financial institutions, regulatory authorities or advisory firms. Students will explore governance across public, private, and financial organisations, including EU governance and regulations. Within the broader framework of financial governance, the study will examine the governance of financial institutions as a key aspect of regulated corporate governance. Attention will be given to how regulatory frameworks and oversight mechanisms influence internal governance structures, control functions, and the responsibilities of boards and senior management. The study-unit will explore the interplay between effective governance, financial stability, and consumer protection, highlighting principles and best practices that guide sound decision-making and risk management in the financial sector. The study-unit also includes practical case studies providing insights into governance challenges. Study-Unit Aims: The aim of this study-unit is to help students understand the principles of governance and their obligations and implications for business and public sector organisations. Students will engage with relevant Maltese and European legislation and explore the values of good governance. The knowledge and skills gain through this study-unit provide a foundation for advanced study of governance in later years of the B.Com course. The study-unit also aims to enable students to distinguish between general corporate governance and sector-specific financial governance, highlighting how governance frameworks for athe financial sector are built upon corporate governance principles but complemented by regulatory, prudential, and conduct-based rules. Learning Outcomes: 1. Knowledge & Understanding: By the end of the study-unit the student will be able to: - Identify the lines of governance and accountability within different organisations; - Evaluate the interactions among internal and external stakeholders; - Understand the evolving role of regulation and compliance in increasingly complex regulatory frameworks; - Recognise the role of technology in developing RegTech solutions to address emerging risks; - Assess the need for regulations and controls relative to the organisation’s size, complexity, and nature; - Understand how governance requirements can vary depending on the size, complexity, and risk profile of financial institutions; - Recognise the interaction between prudential oversight and conduct-focused governance, and how both contribute to the stability, integrity, and fairness of financial markets. 2. Skills: By the end of the study-unit the student will be able to: - Evaluate how good governance, and regulatory requirements impact organisational compliance; - Interpret regulatory obligations relating to governance, risk and compliance to manage operational risks effectively; - Analyse changes in the regulatory regime and their implications for compliance practices; - Identify and evaluate different governance structures and their suitability based on organisational characteristics; - Analyse the governance and risk management requirements for financial sector companies and compare them with those of other financial institutions; - Apply governance principles to real-world case studies involving supervisory expectations (e.g., MFSA, EIOPA) and corporate decision-making in regulated entities. |
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| STUDY-UNIT TYPE | Lecture | ||||||||||||
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| LECTURER/S | Pierpaolo Marano Anne Marie Thake |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2026/7. It may be subject to change in subsequent years. |
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