ML: Corporate Governance and Compliance (Kandel)
Faculty
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| Andrew Kandel Lecturer-in-Law akandel@cerberuscapital.com |
Additional Information
Skills Training
Expository Writing
Other Professional Skills:
Grading
10% Participation,
20% Exam,
70% Paper
Exam
Multiple Choice,
Take Home,
Open-Book
No
Class meets in person.
Course Continuity
Students are encouraged to stay home if you are ill or experience flu-like symptoms. If you miss a class for any reason, it is still your responsibility to make up the work missed.
I offer the following to students who miss class due to illness:
- Class sessions are regularly recorded. I will make these recordings routinely available on the course site to everyone in the class.
- If you are absent due to illness or some other unavoidable circumstance, email me and I can make PowerPoint slides or other class materials available to you.
Meeting Times/Location
W 5:30PM - 8:15PM
Gittis Hall 1
Category
Masters in Law
Credits
3.0
This course will teach the importance of corporate governance and compliance and how to create and maintain an effective compliance program. Warren Buffet, building on a quote attributable to Benjamin Franklin, said, “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” In the corporate world, an important mechanism for protecting a company’s reputation begins with the implementation of an effective compliance program. The Compliance Officer position has periodically been reported to be the “Hottest Job in America.” The legal and ethical issues compliance officers face often arise in the context of everyday matters. Learning how to address these challenges and finding practical solutions are indispensable skills for anyone working in this field. This course will discuss issues facing many types of business organizations and how effective governance, culture and compliance programs can impact a corporation’s success – or failure. Students will learn the fundamentals of creating and implementing a solid compliance program and why this is vital. While the course will primarily focus on the financial services industry it will blend the fundamentals of compliance with practical aspects that also apply in most organizations and businesses regardless of the specific focus. Those who wish to work specifically in compliance as well as those who work, or are looking to work, in any regulated industry, such as finance and healthcare, will benefit from this class. Class sessions will include real life compliance “issues of the day,” and current compliance topics of interest including, but not limited to, anti-corruption, cybersecurity, privacy, data protection, insider trading, Environmental, Social & Governance programs (ESG) and conflicts of interest.
There is no textbook for this course. Handouts consisting of news articles, academic and professional journals and papers, legal cases and other materials will be made available. Attendance is important, and participation is a factor in final grades, although the classes are recorded in case of a necessary absence. (Note: one class may be canceled depending on the professor's schedule.)
Business and Corporate Law Learning outcomes: Demonstrate a core understanding of business and corporate law; Perform legal analysis in the context of business and corporate law; Communicate effectively on topics related to business and corporate law; Demonstrate an understanding of the interconnection between the world of business and finance and that of business and corporate law, and how they affect other areas of law and society.
Administrative and Regulatory Law Learning outcomes: Demonstrate a core understanding of administrative and regulatory law and the administrative process, including the role of statutory authorization and work of administrative agencies; Perform legal analysis in the context of administrative and regulatory law; Communicate effectively on topics related to administrative and regulatory law; Demonstrate an understanding of the role administrative and regulatory law play in our legal system and in society as a whole.
Professional Responsibility and Ethics Learning outcomes: Demonstrate an understanding of how the law affects, and is affected by, the individual course topic; Perform legal analysis in the context of the individual course topic; Communicate effectively on the legal and other aspects of the individual course topic; Demonstrate the ability to use other disciplines to analyze legal issues relevant to the individual course topic, including economics, philosophy, and sociology, as appropriate.