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THE CHALLENGES OF CORPORATE GOVERNANCE IN THE FINANCIAL SERVICES SECTOR

6 August 2014 (Wednesday)

Time:
8.30am - 5.15pm

Venue:
Hotel Istana Kuala Lumpur
 

INTRODUCTION
Reckless risk taking and poor underwriting in the pursuit of short-term profits caused the Global Financial Crisis (GFC). They were made possible by a failure of corporate governance in financial institutions (FIs). New standards and regulations are being implemented to try to make good the failures of market discipline and self-discipline. There is now recognition that to have good governance, FIs need professional boards, educated investors with realistic expectations of performance, ethical intermediaries and effective regulation.
 
This one-day workshop is designed to help participants from the financial sector appreciate the challenges posed by the evolving standards of corporate governance for FIs. It focuses on:

  1. The role of FI boards as effective stewards of long-term, sustainable business performance and their need to adapt to the changing regulatory environment;
  2. The increasingly onerous task of being an FI director
  3. What banks must do to remain profitable and attractive to investors in an increasingly heavily regulated environment;
  4. Syariah governance issues Islamic banks face, in addition to the evolving conventional standards of corporate governance in the financial sector
  5. Potential problems posed by regulatory arbitrage for FIs operating across multiple jurisdictions


OBJECTIVES

By the end of the workshop, participants will be able to:

  1. Appreciate the leading edge approach to corporate governance exemplified by the Malaysian Code on Corporate Governance 2012
  2. Explain why companies need corporate governance to reconcile both the Principal-Agent conflict and the need for balance between performance and compliance
  3. Define the duties of an FI director
  4. Identify the sources of risk directors must consider
  5. Recognise ‘Red Flags’
  6. Appreciate the impact on their roles of recent banking legislation, Financial Services Act/Islamic Financial Services Act 2013, and BNM proposed amendments to the Corporate Governance guidelines
  7. Regulatory Arbitrage-Reconcile various standards imposed on the national and international platform to the banks’ advantage.

 
TARGET AUDIENCE

  • CEOs and Managers
  • Company Secretaries
  • Bankers & Financiers
  • IBBM Members
  • Insurance Executives
  • Lawyers
  • Legal & Compliance Officers
  • Internal Audit Managers
  • Regulators
  • Academics
  • Post Graduate Students


 

To register, please email/fax/send this form with a copy of your deposit slip/bank payment/etc before 29th July 2014 to:

University of Malaya Malaysian Centre of Regulatory Studies (UMCoRS)
Level 13, Wisma R & D, University of Malaya, Jalan Pantai Baharu, 59990 Kuala Lumpur, MALAYSIA

Tel : 03 2246 3372 / 3370 Mobile : 012-2100 616 Fax : 603 2246 3367 Email : umcors@um.edu.my
Website : www.umcors.um.edu.my Facebook : www.facebook.com/UMCoRS Twitter : UMCoRS

Registration will be closed on the 29th July 2014 and/or when the number of participants has reached the maximum.