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Provided by: Compliance LLC Basel ii: Due Diligence for Directors and Executive Management |
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Training
Provided by Compliance LLC
Course Title
Basel ii: Due Diligence for Directors and Executive Management
Overview:
After the Sarbanes Oxley Act and the Basel ii Accord, there is a lot of discussion in the corporate world about the new liabilities of the CEOs and the CFOs. Today we understand that many organizations have underestimated the vital role of directors, who have to know what is changing and which are the best practices, in order to be able to review and approve corporate actions. More than ever, financial organizations need directors who are aware of the risks and prepared to take on the duties and functions of the boardroom.
After a legal action, the directors have to prove that they exercise due diligence. They have to learn all material information reasonably available before making a business decision (there is good faith only in case of an informed decision).
Risks to a serving director or a C level executive are real and must be managed. These risks have risen exponentially after the new Basel Capital Accord and the Sarbanes Oxley Act. The best way to protect yourself and your organization s reputation and wealth is to be aware of these risks and to perform your duties according to the highest principles and implementation practices.
Objectives:
This course has been designed to help board members and executive management of financial organizations understand their new challenges, responsibilities and potential liabilities.
Target Audience:
This course is intended for potential, new and sitting directors and executive management. It is highly recommended for management consultants.
Duration:
Half Day, 09:00 to 13:00.
Basel ii: Due Diligence for Directors and Executive Management
Overview:
After the Sarbanes Oxley Act and the Basel ii Accord, there is a lot of discussion in the corporate world about the new liabilities of the CEOs and the CFOs. Today we understand that many organizations have underestimated the vital role of directors, who have to know what is changing and which are the best practices, in order to be able to review and approve corporate actions. More than ever, financial organizations need directors who are aware of the risks and prepared to take on the duties and functions of the boardroom.
After a legal action, the directors have to prove that they exercise due diligence. They have to learn all material information reasonably available before making a business decision (there is good faith only in case of an informed decision).
Risks to a serving director or a C level executive are real and must be managed. These risks have risen exponentially after the new Basel Capital Accord and the Sarbanes Oxley Act. The best way to protect yourself and your organization s reputation and wealth is to be aware of these risks and to perform your duties according to the highest principles and implementation practices.
Objectives:
This course has been designed to help board members and executive management of financial organizations understand their new challenges, responsibilities and potential liabilities.
Target Audience:
This course is intended for potential, new and sitting directors and executive management. It is highly recommended for management consultants.
Duration:
Half Day, 09:00 to 13:00.
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Basel ii: Due Diligence for Directors and Executive Management
Course Synopsis:
Important changes in widely accepted and long-established corporate governance principles that guide the actions of the directors and executive management.
From Basel i to Basel ii
Changes, challenges and new standards after the decision to implement the Basel ii framework in an organization.
Changes in the structure of the organization, and the obligation for the new Operational Risk Management Office.
Sound practices for the management and supervision of the new Operational Risk.
Responsibility and possible liability for the board of directors and executive management.
The Basel recommendation about the Risk Management Committee (board of directors). Role and responsibilities. The presentation can be customized to meet specific needs.
Important changes in widely accepted and long-established corporate governance principles that guide the actions of the directors and executive management.
From Basel i to Basel ii
Changes, challenges and new standards after the decision to implement the Basel ii framework in an organization.
Changes in the structure of the organization, and the obligation for the new Operational Risk Management Office.
Sound practices for the management and supervision of the new Operational Risk.
Responsibility and possible liability for the board of directors and executive management.
The Basel recommendation about the Risk Management Committee (board of directors). Role and responsibilities. The presentation can be customized to meet specific needs.
About The Training Provider: Compliance LLC
Compliance LLC - Compliance LLC is a leading provider of risk and compliance training, executive coaching and consulting in 36 countries.
Compliance LLC, Areas of expertise:
Training and consulting for Hedge Funds, Alternative Investments and Structured Products
Hedge Funds Strategies
The Basel ii Capital Accord
The European Sarbanes Oxley (8th Company Law Directive, E-SOX)
The...
