Fundamentals of Corporate Governance

The concept of corporate governance has featured regularly in discussions, both within the professional and academic community, since the 1990s and has become even more prominent following significant cases of corporate failure that had adverse effects on the global interconnected economy.

The link between poor corporate governance practices and the excessive taking of risks that led to the downfall or bail-out of significant financial institutions necessitated a discussion on how to strengthen corporate governance and protect the economy against similar cases in the future.

Effectively, new regulatory requirements have been established, while existing codes of governance have been revised. Such efforts aim to focus on requirements that should be fulfilled by an organisation’s management body and enhance three areas of governance: remuneration, risk management, and internal control.

For the corporate governance framework of banks and investment firms, there are detailed legislative rules and guidelines issued by the relevant supervisory authorities such as the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA), the European Central Bank (ECB), and the national supervisory authorities.

Course Content

• Following completion of this course, you will be able to:
• Understand the requirements of corporate governance.
• Evaluate the benefits of good corporate governance.
• Understand the interaction between the main stakeholders.
• Understand the legal and regulatory requirements for corporate governance.
• Understand how corporate governance requirements reinforce the seven critical success factors for effective Boards.
• Introducing the Concept of Corporate Governance

Definition of corporate governance

• Key relevant theories
• The benefits of corporate governance
• Critical Success Factors for an Effective Professional Board

Clarifying the role and responsibilities of the Board

• The composition of the Board and its supporting structure
• The role of the Board Chair
• Relationships between Board Members
• Directors’ knowledge of the industry and the organisation
• Efficient Board Meetings
• Evaluation & Continuous Development

This course is ideal for anyone wishing to be introduced to the main regulatory provisions in financial services and trends in corporate governance. Professionals carrying out the roles of directors, members of the Board, senior managers, lawyers, company secretaries, compliance and risk officers, and consultants may benefit from this course. It is also suitable for professionals pursuing regulatory CPDs in financial regulation.

No prerequisites are required to attend this course

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Certificate of completion

Digital certificate - Included