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Financial Regulation

Corporate Governance for Financial Institutions (CGFSH120)


Description
The concept/term 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 which had overarching adverse effects on the global interconnected economy. The link between poor corporate governance practices and excessive risk-taking that led to the downfall or bail-out of significant financial institutions, necessitated a discussion on how to strengthen corporate governance and protect against future similar cases.

Description

Effectively, new regulatory requirements have been established while already existing codes of governance have been revised. Such efforts aim on the one hand to focus on requirements which should be fulfilled by the management bodies of organisations and, on the other hand, to enhance three areas of governance: remuneration, risk management and internal control.

Specifically, 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. To a great extent the course on ‘Corporate Governance for Financial Institutions’ makes reference to these rules and guidelines.

Training Objectives

• Understanding the requirements of corporate governance
• Evaluating the benefits of good corporate governance
• Understanding the interaction between the main stakeholders
• Understanding the legal and regulatory requirements for corporate governance
• Understanding how corporate governance requirements reinforce the seven critical success factors for effective Boards

Structure of the Course

Module 1: Introducing the Concept of Corporate Governance

• Definition of corporate governance
• Key relevant theories
• The benefits of corporate governance

Module 2: 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

Training Duration

This course may take up to 5 hours to complete. However, actual study time differs as each learner uses their own training pace.

Who should attend

• Directors and members of the board
• Senior managers
• Lawyers and legal professionals
• Company secretaries
• Compliance officers
• Risk officers
• Consultants and Advisors

Training Method

The course is offered fully online using a self-paced approach. The learning units consist of reading material. Learners may start, stop and resume their training at any time.

At the end of each session, participants take a Quiz to complete their learning unit and earn a Certificate of Completion once all quizzes have been passed successfully.

Accreditation and CPD Recognition

This programme has been developed by the European Institute of Management and Finance (EIMF), an EU recognised training institution.

The syllabus is verified by external subject matter experts and may be accredited by financial regulators, and general financial training accreditation bodies, such as CISI and ACAMS, for 5 CPD Units.

Eligibility criteria and CPD Units are verified directly by your association or other bodies in which you hold membership.

Registration and Access

To register to this course, click on the Get this course button to pay online and receive your access instantly. If you are purchasing this course on behalf of others, please be advised that you will need to create or use their personal profile before finalising your payment.

Access to the course is valid for 180 days.

If you wish to receive an invoice instead of paying online, please Contact us here. Talk to us for our special Corporate Group rates.
Content
  • About this Course
  • 1. About this Course
  • Introducing the Concept of Corporate Governance
  • 2. Introducing the Concept of Corporate Governance
  • Introducing the Concept of Corporate Governance Quiz
  • Critical Success Factors for an Effective Board
  • 3. Critical Success Factors for an Effective Board
  • Critical Success Factors for an Effective Board Quiz
  • Course Conclusion
  • 4. Course Conclusion
  • Corporate Governance for Financial Institutions Final Quiz
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: Forever