Corporate Governance Centre – Roles & Responsibilities of the board
Since 2010, regulators and industry associations – at both national and international levels – have considerably increased the number of rules and guidelines applying directly and indirectly to boards; encompassing regulated and unregulated entities, funds and management companies. New and revised regulations are directly impacting the need for stronger corporate governance; GDPR, MiFID II, the 4th AML Directive, PRIPS and the CSSF circular 18/698 amongst others.
Companies are now focusing on the various aspects of governance organisation, from the composition of the board, the practical aspects of board sessions, the roles and responsibilities of the board, the management of conflicts of interests and legal liabilities, the adoption of a code of conduct and the implications of the latest regulations.
Roles & Responsibilities of the board – Range of services we can offer
- Duties and Functions
- Legal advice and memorandum; specific to your sector
- Board training
- Liability
- Legal advice and memorandum; specific to your sector
- Board training
- Conflicts of interest
- Legal advice and memorandum; specific to your sector
- Development and drafting of conflict of interest policies and procedures
- Relation with external auditor
- Appointment, management letter, relationship