After a brief introduction of the significance of Foreign Direct Investment (FDI) for the global economy, this course discusses the forms of protection afforded to FDI. It covers the sources of international investment law such as bilateral investment treaties (BIT’s) and multilateral treaties, as well as interpretation of investment treaties and customary international law (CIL). It then moves on to define the qualification of “investors” and “investments” after which it proceeds to analyse the issue of “admission of investments”. It subsequently focuses on the various standards of protection afforded to foreign investment, i.e. fair and equitable treatment, full protection and security, protection against arbitrary or discriminatory treatment, national treatment, most-favoured-nation treatment, etc. The course devotes ample time to explore the issues of expropriation while also paying due attention to “necessity”, “state responsibility” and “attribution”. A substantial part of the course finally explores the important field of dispute settlement, in particular investment treaty arbitration and discusses a number of important cases.
- Teacher: Tjaco Theo van den Hout
This course is designed as a comprehensive foundation course introducing and explaining the key concepts of banking and financial markets and covering regulatory, supervisory and transactional areas from Latvian and European perspective providing an insight into the interaction between financial law and business practice. While an emphasis is placed on a step-by-step review of each subject-matter, the theoretical part is supplemented with practical exercises enabling students to strengthen their legal skills in selecting, interpreting and applying respective legal acts and norms.
The course examines international standards and implementation and monitoring activities related to business and human rights. Special attention will be paid to the work of the UN Special Representative on business and human rights and the UN Working Group on the issue of human rights and multinational corporations (MNC). In addition, it analyses issues of legal personality of MNCs under international law, judicial and quasi-judicial responses to liability of MNCs for human rights violations, and the human rights of companies.
The course offers a combination of criminological and socio-legal analysis of cybercrime together with a wider understanding of important cybersecurity issues. Initially, the course will focus on cybercrime and will provide an in depth understanding of the different types of cybercrime and online deviance from hacking and hacktivism to cyberstalking, online fraud and online piracy. During these sessions, we will discuss cybercriminal practices and techniques, relevant legal developments and practical challenges in terms of dealing with these crimes. Moreover, the course will look at the practical and ethical principles relating to digital forensic investigations that relate to the uncovering and prosecuting of cybercrimes and other crimes involving digital evidence.
Subsequently the course will focus on important cybersecurity issues such as organisational risk management and incident response mechanisms and will also offer an analysis of the phenomenon of cyberwarfare, which is has generated heated discussions in terms of attribution of cyberattacks and also regarding the mitigation of the impact of such attacks. Finally, the course will close with a forward-looking overview of the future of digital crime, as it will be facilitated by the development of the Internet of Things, where extensive interconnectivity of a multitude of device and the immediate processing of huge amounts of data will change the ways crime is committed and policed.
- Teacher: Vasileios Karagiannopoulos
The course will offer a perspective of an insider and a practitioner on how individuals defend their rights in the European Court of Human Rights, the most common difficulties for representatives in bringing claims to the Court and the challenges faced by the Court today in Europe. The course will provide several practical ideas on how the Court works. The European Court of Human Rights is considered the most effective mechanism for the protection of human rights. The course will put an emphasis on explaining in detail the procedure before the Court. Considerable body of case-law elaborates important issues concerning admissibility of claims. During the course, participants will also study the methodology of the Court in adjudicating cases, i.e., the rules of interpretation and the relevant principles of case-law. Participants have to understand how the Court might go forward in adjudicating their case.
- Teacher: Kristaps Tamužs
We start with the principles of Markowitz theory, i.e. discuss the benefits and limitations of financial risk diversification and prepare the ground for the Value-at-Risk concept which is introduced in the second part of the course.
Using the no arbitrage argument, the complexity of financial
markets will be explained, followed by technical means to insure against a
“bad” development of the currency exchange rate. The first part of the lecture
closes with the theory of comparative cost advantages and some conclusions
which can be derived for Latvia.
We continue to analyse the risk exposure in the Global and
European financial markets, followed by the description of the complexity of
risk management in the financial industry. We follow the historic development
of the Basel-Regime and drill down risk management techniques to the 4 sectors
of the financial industry: banking, insurance, asset management and real
- Teacher: Dirk Linowski
This course is about challenges and opportunities posed by digital technologies. The 20th Century brought about three main technological changes: first, computerization – the drive to put a computer on every person, in every classroom, in every home, and in every office. Second, digitization and the move from things made of atoms to things made of bits; and second, the convergence among digital devices. The 21st Century has brought about a third technological change: datafication: the process of turning data into something of value. Understandably, these digital developments have created challenges, problems, and opportunities. This class addresses all three of these.
- Teacher: Mark Leiser