Course Title
Basel ii: Due Diligence for Directors and Executive
Management
Monday 19 March 2007
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.
Monday 19 March 2007
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)
Basel ii and
Capital Requirements Directive Training
The
course has been customized to meet the requirements of the Capital
Requirements Directive, the framework for the implementation of Basel ii
in the European Union
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 in-house 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.
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