National, regional and global banks are at the epicentre of economic, political and social developments. They are shaped by their own intrinsic dynamics but they are also at the receiving end of potent external forces, including monetary developments, state regulation and governmental policies. This course examines the regulation of the banking sector in the context of the multifaceted dynamics which operate in international financial markets. Primarily the course aims to contribute to a critical understanding of the subject matter through the combined study of theories of regulation in general and banking regulation in particular. Subsequently, it also aims at analysing the financial markets in which banks play a pivotal role, e.g. primary and secondary capital markets in which banks are very active in different roles.