Corporate Governance for Financial Institutions

Course details

Course Introduction:
Enhance your expertise in corporate governance tailored for financial institutions. This course offers in-depth understanding of governance frameworks, risk management, regulatory compliance, and strategic decision-making. Delegates will gain practical insights to ensure robust governance structures and improve institutional performance and accountability.

Course Outcomes:
Understand corporate governance of the international financial sector
Apply the latest knowledge of Corporate Governance to their organisation
Critically review their organisations Board structure and compare with best practice
Appreciate the inter-dependence of Governance, Risk management and 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

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

Course Topics:
The World of Corporate Governance Today

International events leadingto governance reform
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 participants countries
Standards-driving bodies and evolving principles
Formative regulatory bodies including OECD Basel Committee SECs and CMAs Central Banks


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 concepts and guidance
Listing requirements and continuous obligations
Corporate Governance in the financial sector raising the bar what is special about banks and bank governance?
Basel Committees guidance on enhancing corporate governance for the banking sector
Review of European Unions approach to Corporate Governance in Financial Institutions


Environmental Social and Governance (ESG)

Defining ESG
The link between ESG and Corporate Governance
ESG economic legal ethical and discretionary aspects
ESG 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 and remuneration committee and the risk committee