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.
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)
The Instructor
George Lekatis is a senior risk and compliance
consultant, certified trainer, and general manager of Compliance LLC, a
leading international provider of Sarbanes Oxley and Basel ii training and
consulting in more than 30 countries.
George
has more than 17,000 hours experience as a
professional speaker and seminar leader. Has worked for more than 11 years
as a management consultant and educator and has demonstrated exceptional
presentation and communication skills.
About Compliance LLC
Compliance LCC (incorporated in Delaware, USA)
is a leading international provider of Sarbanes Oxley and Basel ii
compliance consulting and training.
We work in more than 30 countries, providing
excellent personalized solutions to companies and organizations of the
private and the public sector.
The Cost
The fee for training is US$ 9,800 for 3
days (and $ 2,000 for each additional day) - final cost (for teams from 2
to 50), includes tax, expenses, hotels, flights, everything.
$ 4,900 (50%) due 30 days before the
first day of the class and $ 4,900 (50%) due the last day of the class. |
