KINDLY TAKE NOTE THAT THIS EVENT HAS BEEN POSTPONED FOLLOWING THE RECENT OUTBREAK OF COVID-19.
STAY TUNED FOR DETAILS OF NEW DATE AND VENUE.
Module 1: Directors As Gatekeepers Of Market Participants
Scope of Coverage
- Core duties of directors – fiduciary duty, duty of care, skill and diligence and other legal and regulatory expectations as specified by the extant laws including but not limited to:
- Companies Act (Act 125)
- Capital Market and Services Act (Act 671)
- Anti-Money Laundering and Terrorism Financing Act (Act 613)
- New and pending laws and rules, including Personal Data Protection Act, Competition Act, and Goods and Services Tax Act; Foreign Account Tax Compliance Act (“FATCA”) – impact, compliance requirements and implementation challenges.
- Discussion of selected enforcement cases
- Discussion of how the application of selected principles and recommendations of the Malaysian Code on Corporate Governance can deliver sustainable values for licensed intermediaries
- Independent directors as value enhancers or value destroyer
- Failure of governance and the implication on licence to operate – Case studies
At the end of the programme, participants will be able to:
- Understand the high-level contextual function of the board and the directors in discharging their mandates;
- Appraise the roles, duties, responsibilities and liabilities of directors as provided for in applicable laws relevant to licensed intermediaries;
- Apply the relevant key principles and recommendations of the Malaysian Code on Corporate Governance to oversee the compliance and performance roles of licensed intermediaries;
- Understand the critical functions played by independent directors in building confidence and trust for licensed intermediaries; and
- Exercise judgement appropriately in dealing with issues of legal and governance brought to the attention of the board.