Listed Company Director (LCD) Programme Central Area, Central

Course details

The Listed Company Director (LCD) Programme is the first of its kind to focus on comprehensive training of company directors, particularly independent directors, on compliance, regulatory and corporate governance matters. All directors serving on boards of listed companies and those aspiring to are encouraged to complete the six (6) modules of the LCD Programme to acquire the minimum knowledge of what is expected of a listed company director.

Completion of the six modules within the LCD Programme will provide the attendee with a broad understanding of the roles and responsibilities of a listed company Director, in particular those of an Independent Director, under the requirements of the Companies Act, SGX Listing Manual and Code of Corporate Governance.

The six (6) modules of the LCD Programme are:

Module

• Listed Company Director Essentials-Understanding the Regulatory Environment
• Audit Committee Essentials
• Risk Management Essentials
• Nominating Committee Essentials
• Remuneration Committee Essentials
• Investor and Media Relations

Listed Company Director Essentials (LCD 1)

Listed companies are subject to a range of compliance requirements under the Companies Act, SGX Listing Manual and the Code of Corporate Governance 2012. This is the first and most important module of LCD programme. It discusses the statutory and regulatory compliance obligations of listed company directors. Our expert facilitators will help participants to understand the regulatory environment in Singapore providing the necessary information that directors ought to know.

Audit Committee Essentials (LCD 2)

Audit Committees play a key role in the governance and oversight of companies. They are central to establishing good internal controls and risk management systems as well as delivering quality financial reporting and instituting strong processes for the proper review of interested party transactions. The growing complexities of the business environment impose even greater demands on Audit Committees.

This module identifies the duties, responsibilities and rights of Audit Committees and provides an introduction and practical guidance to help prepare Audit Committee members meet their responsibilities.

Risk Management Essentials (LCD 3)

Boards and Board Committees play a key role in considering and addressing specific risks facing an organization and also in monitoring the effectiveness of systematic risk management systems that go beyond the consideration of a company''s financial risks.

This module introduces the roles and responsibilities of directors in relation to risk management and provides a practical programme to help them to meet their responsibilities.

Nominating Committee Essentials (LCD 4)

In this module, we'll look at the increased expectations of Nominating Committee as the focus moves from mere compliance to enabling performance, including the identification and attraction of quality directors with the right blend of industry experience and business/functional skill sets, nominations, on-boarding, development, evaluations, retention, and succession planning.

The NC Essentials blends real issues with practical solutions. The half-day module is designed to provide an overview of the issues facing a NC, suggested practices, case studies, and voice of a practitioner and/or panel discussion.

Remuneration Committee Essentials (LCD 5)

With all the intense shareholder scrutiny, media attention and the ever-increasing complexity of business management and executive compensation plans, it seems that chairing and serving on the Remuneration Committee (RC) is becoming one of the most difficult jobs in corporate boards these days. Shareholders will increasingly demand the RC to take a higher level of active oversight in how directors and senior executives are being paid and scrutinize the business rational behind every single compensation component.

Against the backdrop of the current expectation, the RC Essentials aims to blend real issues with practical solutions. The half-day module is designed to provide an overview of the issues facing a RC, suggested practices, case studies, and voice of a practitioner and/or panel discussion.

Investor and Media Relations (LCD 6)

This module aims to show companies how to enjoy a higher profile, achieve understanding and appreciation of their investment merits while fulfilling their continuing communication obligations to shareholders and the investing public. It is designed to help companies structure its investor relations function, including policies and SOPs. The AAA Rule in Investor Relations and Best Practices in Corporate Governance will also be discussed.

The module also includes guidance on media communication techniques in getting key messages across to targeted stakeholders.This module is supported by the Singapore Exchange and is an essential first step and a pre-requisite to the other modules in the LCD programme.