Outline

Overview

Over recent years there has been a dramatic rise in the volume and reach of regulation in response to a variety of social, environmental and economic issues. Much of this regulation impacts on business, and its management who are, increasingly, personally liable. This unit has been designed to provide students with a comprehensive overview of the overall regulatory infrastructure which impacts on all faculty disciplines. Business Regulation, Risk and Compliance addresses self-regulation as an alternative to regulation by law; the regulatory process and the scope for business to influence regulatory initiatives; the alternative regulatory instruments; the executive arm of government - the bureaucracy - and the avenues for challenging administrative decisions; the investigative and enforcement powers of the major regulatory agencies - ACCC, ATO and ASIC; personal and corporate liability for regulatory breach; indemnification; whistleblowing and whistle-blower protection: regulatory compliance with special reference to Australian Standard AS3806-2006 on Compliance Standards and the strategies which facilitate legal action including class actions and litigation funding as well as the major alternatives to litigation including arbitration and alternative dispute resolution with particular emphasis on mediation.

Unit details and rules

Academic unit	Accounting
Credit points	6
Prerequisites ?	Completion of at least 24 credit points of study
Corequisites ?	None
Prohibitions ?	None
Assumed knowledge ?	None
Available to study abroad and exchange students	Yes

Teaching staff

Coordinator	Andrew Terry, andrew.terry@sydney.edu.au

Assessment

The census date for this unit availability is 2 April 2024

Details
Criteria

Type	Description	Weight	Due	Length
Assignment	Individual Research Assignment Research Assignment	35%	Formal exam period Due date: 07 Jun 2024 at 23:59 Closing date: 21 Jun 2024	2500 words
Outcomes assessed:
Presentation	Presentation Assessment based on PPT slides and class presentation.	20%	Multiple weeks	20 Powerpoint Slides
Outcomes assessed:
Participation	Class participation Participation in and contribution to class discussions.	10%	Multiple weeks	Continuous
Outcomes assessed:
Small test	In-class test Short answer questions	15%	Week 06	1 hour
Outcomes assessed:
Small test	In-class test Short answer questions	20%	Week 13	1 hour
Outcomes assessed:
= group assignment ?

Assessment summary

Individual Research Assignment: Students will write an Individual Research Assignment on a topic related to their Group Presentation topic. The assignment is to be submitted via Turnitin by the 23.59 on the Friday of Week 15 ie Friday 7 June.
Group Presentation: Students will form, or be allocated to, groups of 4/5/6 (group size to be determined having regard to enrolment) and assigned a topic for presentation to the class in one of the presentation weeks (8, 10, 11 and 12). The class presentation will be supported by about 20 PPT slides which must be submitted to andrew.terry@sydney.edu.au and uploaded to the Canvas site 24 hours prior to presentation. A presentation mark is awarded to the group but a peer review process is administered and an individual group member's mark may be adjusted down as a consequence. The Individual Research Assignment will address in greater depth an issue or issues derived from the Group Presentation topic.
In-class Test 1: This is a one-hour closed book test which will require 3 questions to be answered from a choice of at least 6 questions based on material addressed in weeks 1-5.
In-class Test 2: This is a one-hour closed book test which will require 3 questions to be answered from a choice of at least 6 questions based on material addressed in weeks 6-12.
Continuous Assessment: This assessment is based on contribution to and participation in class discussions and meritorious individual performance in the group presentation.

Detailed information for each assessment can be found on Canvas.

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a high distinction indicates work of an exceptional standard, a distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name	Mark range	Description
High distinction	85 - 100	Awarded when you demonstrate the learning outcomes for the unit at an exceptional standard, as defined by grade descriptors or exemplars outlined by your faculty or school.
Distinction	75 - 84	Awarded when you demonstrate the learning outcomes for the unit at a very high standard, as defined by grade descriptors or exemplars outlined by your faculty or school.
Credit	65 - 74	Awarded when you demonstrate the learning outcomes for the unit at a good standard, as defined by grade descriptors or exemplars outlined by your faculty or school.
Pass	50 - 64	Awarded when you demonstrate the learning outcomes for the unit at an acceptable standard, as defined by grade descriptors or exemplars outlined by your faculty or school.
Fail	0 - 49	When you don’t meet the learning outcomes of the unit to a satisfactory standard.

For more information see guide to grades.

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

Deduction of 5% of the maximum mark for each calendar day after the due date.
After ten calendar days late, a mark of zero will be awarded.

Academic integrity

The Current Student website provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

Use of generative artificial intelligence (AI) and automated writing tools

You may only use generative AI and automated writing tools in assessment tasks if you are permitted to by your unit coordinator. If you do use these tools, you must acknowledge this in your work, either in a footnote or an acknowledgement section. The assessment instructions or unit outline will give guidance of the types of tools that are permitted and how the tools should be used.

Your final submitted work must be your own, original work. You must acknowledge any use of generative AI tools that have been used in the assessment, and any material that forms part of your submission must be appropriately referenced. For guidance on how to acknowledge the use of AI, please refer to the AI in Education Canvas site.

The unapproved use of these tools or unacknowledged use will be considered a breach of the Academic Integrity Policy and penalties may apply.

Studiosity is permitted unless otherwise indicated by the unit coordinator. The use of this service must be acknowledged in your submission as detailed on the Learning Hub’s Canvas page.

Outside assessment tasks, generative AI tools may be used to support your learning. The AI in Education Canvas site contains a number of productive ways that students are using AI to improve their learning.

Learning support

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

Support for students

The Support for Students Policy 2023 reflects the University’s commitment to supporting students in their academic journey and making the University safe for students. It is important that you read and understand this policy so that you are familiar with the range of support services available to you and understand how to engage with them.

The University uses email as its primary source of communication with students who need support under the Support for Students Policy 2023. Make sure you check your University email regularly and respond to any communications received from the University.

Learning resources and detailed information about weekly assessment and learning activities can be accessed via Canvas. It is essential that you visit your unit of study Canvas site to ensure you are up to date with all of your tasks.

If you are having difficulties completing your studies, or are feeling unsure about your progress, we are here to help. You can access the support services offered by the University at any time:

Support and Services (including health and wellbeing services, financial support and learning support)
Course planning and administration
Meet with an Academic Adviser

Weekly schedule

WK	Topic	Learning activity
Week 02	Regulatory Frameworks and Processes	Lecture and tutorial (3 hr)
Week 03	Alternative Regulatory Strategies	Lecture and tutorial (3 hr)
Week 04	Regulatory Reform: Policy and Process	Lecture and tutorial (3 hr)
Week 05	1. Regulatory Risk: Enforcement and Sanctions 2. Regulatory Compliance	Lecture and tutorial (3 hr)
Week 06	Regulatory Challenge and Review AND First In-class Test	Lecture and tutorial (3 hr)
Week 07	1. Dispute Resolution 2. The Privacy Regime	Lecture and tutorial (3 hr)
Week 08	The Regulatory Challenge of Social Media	Lecture and tutorial (3 hr)
Week 10	The Regulatory Challenge of Big Data	Lecture and tutorial (3 hr)
Week 11	The Regulatory Challenge of Digital Platforms	Lecture and tutorial (3 hr)
Week 12	Current Regulatory Issues	Lecture and tutorial (3 hr)
Week 13	Rethinking Regulation	Lecture and tutorial (3 hr)

Attendance and class requirements

Students are expected to attend, and participate in, all classes. Comprehensive lecture slides and supporting material will be posted on the canvas site prior to each class and students are expected to be familiar with this material.

All lectures and seminars are recorded and will be available on Canvas for student use. Please note the Business School does not own the system and cannot guarantee that the system will operate or that every class will be recorded.

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Required readings

There is no one suitable text for this unit. Comprehensive readings and materials - which will include relevant journal articles, chapters, monographs and government reports - will be made available on the Canvas site.

Learning outcomes

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

Outcomes
Graduate qualities

At the completion of this unit, you should be able to:

LO1. recognise and evaluate corporate and personal business risk arising from increasingly complex and comprehensive regulatory regimes
LO2. describe the frameworks and processes for prescribing regulatory schemes and identify and assess the alternative regulatory strategies available to governments to achieve particular policy outcomes
LO3. identify, explain and assess the nature and tools of regulatory enforcement available to regulatory agencies
LO4. identify and analyse the legal and administrative machinery that exists to challenge executive decisions
LO5. describe and evaluate the alternative strategies for dispute resolution and design regulatory compliance strategies to minimise the likelihood of contravening regulatory regimes
LO6. evaluate ethical considerations, including whistleblowing, relevant to business and its regulation
LO7. analyse and evaluate specific regulatory regimes addressed in this unit.

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1	Depth of disciplinary expertise Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.
GQ2	Critical thinking and problem solving Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.
GQ3	Oral and written communication Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.
GQ4	Information and digital literacy Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.
GQ5	Inventiveness Generating novel ideas and solutions.
GQ6	Cultural competence Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.
GQ7	Interdisciplinary effectiveness Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.
GQ8	Integrated professional, ethical, and personal identity An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.
GQ9	Influence Engaging others in a process, idea or vision.

Outcome map

Learning outcomes	Graduate qualities
Learning outcomes

Responding to student feedback

This section outlines changes made to this unit following staff and student reviews.

More dtail has been porovided in relation to assessment tasks.

Additional information

Relevant information will be regularly provided through the Announcements tab on the Canvas site.

Business School Policies

Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

To help you understand common terms that we use at the University, we offer an online glossary.

Current students

Overview

Overview

Unit details and rules

Teaching staff

Assessment

Assessment

Assessment summary

Assessment criteria

Late submission

Academic integrity

Learning support

Learning support

Simple extensions

Special consideration

Using AI responsibly

Support for students

Weekly schedule

Weekly schedule

Attendance and class requirements

Study commitment

Required readings

Learning outcomes

Learning outcomes

Graduate qualities

Outcome map

Responding to student feedback

Responding to student feedback

Additional information

Additional information

Disclaimer

On this page

Useful links

Media

Student links

About us

Connect

Current students

CLAW2208: Business Regulation, Risk and Compliance

Semester 1, 2024 [Normal day] - Camperdown/Darlington, Sydney

Overview

Overview

Unit details and rules

Teaching staff

Assessment

Assessment

Assessment summary

Assessment criteria

Late submission

Academic integrity

Learning support

Learning support

Simple extensions

Special consideration

Using AI responsibly

Support for students

Weekly schedule

Weekly schedule

Attendance and class requirements

Study commitment

Required readings

Learning outcomes

Learning outcomes

Graduate qualities

Outcome map

Responding to student feedback

Responding to student feedback

Additional information

Additional information

Disclaimer

On this page

Useful links

Media

Student links

About us

Connect