Corporate Governance for Financial Institutions
Course Information:
Venue: | Duration: | Date: | Price: |
---|---|---|---|
Online | 12 hours | Flexi-date | £1,750.00 |
In-House | Agreed with client | Flexible | POA |
London | 5 days | 14-Mar | £3,500.00 |
London | 5 days | 11-Jul | £3,500.00 |
London | 5 days | 7-Nov | £3,500.00 |
Who should attend?
- Regulatory authorities in Banking, Insurance, Pensions and Capital Markets
- Executive and non-executive Board and committee members
- Company secretaries
- Shareholder representatives
- Senior managers and executives
- Corporate lawyers
- Marketing specialists
- Institutional investors
Accreditations
Outcomes
- Understand corporate governance of the international financial sector
- Apply the latest knowledge of Corporate Governance to their organisation
- Critically review their organisation’s Board structure and compare with best practice
- Appreciate the inter-dependence of Governance, Risk management & Compliance (GRC)
- Implement strong internal controls and relevant checks and balances
- Assess the essential elements of Corporate Governance Codes and Legislation and evaluate their own organisation against best practice
- Appreciate ethics and values in the financial community and the relationship to corporate governance
COURSE TOPICS:
The World of CorporateGovernance Today
- International events leading
- Purpose and objectives of governance including agency risk and moral hazard
- US Sarbanes Oxley – act style legislation vs. UK-style voluntary code: focusing where possible on participant’s countries
- Standards-driving bodies and evolving principles
- Formative regulatory bodies including OECD, Basel Committee, SECs and CMAs, Central Banks
to governance reform
Corporate Governance, Risk Management and Compliance (GRC) in Financial Institutions
- The growth and linkage of these three topics in finance
- The main components of Enterprise Risk Management (ERM)
- The central role of internal controls and linkage to ERM
- Best practice compensation principles and standards
- Shareholders, depositors and other stakeholders need for disclosure and transparency
Main Components and Principles
- Eight principles which underpin every system of governance
- OECD Code core conceptsand guidance
- Listing requirements and continuous obligations
- Corporate Governance in the financial sector – raising the bar – what is special about banks and bank governance?
- Basel Committee’s guidance on enhancing corporate governance for the banking sector
- Review of European Union’s approach to Corporate Governance in Financial Institutions
Corporate Social Responsibility (CSR)
- Defining CSR
- The link between CSR and Corporate Governance
- CSR – economic, legal, ethical and discretionary aspects
- CSR and financial institutions – is it just a public relations exercise?
- Where does the regulator fit in?
- The course will end with a multi-choice questionnaire to assess the level of knowledge gained and to fresh and assist the retention of new information
The Governing Body
- What does a “Good” financial institution look like
- Alternative board structures – dual and unitary boards
- Different types of board members: their roles and responsibilities, including the Secretary to the Board
- The growing importance of the INED
- The vital role of Board Committees in the new era of governance, including the audit committee, nominations & remuneration committee and the risk committee