Effective Governance Practices for Directors

Starting: 29th May 2024 17:00-19:00 Online

A comprehensive guide that empowers directors with the tools and insights needed to navigate the complex landscape of corporate governance with excellence.

 

Description

This course will cover the following:

  • Preliminary points – complexity of directors’ duties; broad discretionary powers; juridical character of directors; and to whom do directors owe their duties to?
  • Duties of Directors – duties of a general nature arising from the Companies Act; duties of an administrative nature arising from the Companies Act; and duties under other laws which impose criminal and administrative liability.
  • Some specific issues – duties of directors in a group context; duty to act as board and not individually; duties arising under the articles of association; duties in insolvency scenarios; executive and non-executive directors; shadow directors; and the MFSA’s New Corporate Code Governance Code.
  • Mitigating Liability – mitigating liability under the Companies Act; mitigating liability for administrative offences under the Companies Act; mitigating liability in insolvency scenarios; and mitigating the risk of criminal and administrative liability in regulatory contexts.

 

Course Topics

  • Complexity of directors duties.
  • Broad discretionary powers.
  • Juridical character of directors.
  • To whom their directors owe their duties to?
  • Duties of a general nature arising from the Companies Act.
  • Duties of an administrative nature arising from the Companies Act.
  • Duties under other laws which impose criminal and administrative liability.
  • Duties of directors in a group context.
  • Duty to act as a board and not individually.
  • Duties arising under the articles of association.
  • Duties in insolvency scenarios.
  • Executive and non-executive directors.
  • Shadow directors.
  • The MFSA’s New Corporate Code Governance Code.
  • Mitigating liability under the Companies Act.
  • Mitigating liability for administrative offences under the Companies Act.
  • Mitigating liability in insolvency scenarios.
  • Mitigating the risk of criminal and administrative liability in regulatory contexts.

 

Learning Objectives

By completing this course participants will:

  • acquire a broad but deep understanding of the duties of directors;
  • understand specific issues relating to the duties of directors; and understand methods to mitigate liability.

 

Target Audience

Directors (executive and non-executive) of regulated and non-regulated entities.

 

Assessment Questions and Answers

In line with MFSA requirements, a short multiple-choice assessment will be provided by the trainer towards the end of the session. A Certificate of Attendance will be awarded to all students who attend the CPD (duration will be included on certificate). A Certificate of Achievement will be awarded to those who sit for the assessment and are successful (pass mark 60%).

Testimonials

Very interesting and informative CPE. Looking forward to the next.

F. Custo Pearson

Highly recommend the session for soon to be or newly appointed directors or as a quick refresher for all.

P. Martin

Best CPD seminar I have attended.

C. Chipperfield

Trainers

Matthew Muscat, LL.B, LL.D, LL.M, MPhil, PhD

Matthew is a lawyer by profession. He has degrees in law and criminology from the University of Malta, the University of London, Boston University and the University of Cambridge. Significantly he is possession of an LL.D from the University of Malta, an LL.M in Corporate and Commercial Law from the University of London, an MCJ from Boston University, a M. Phil in Criminological Research from the University of Cambridge and a PhD in Criminology from the University of Cambridge. Prior to travelling to the U.K. to continue his studies, Matthew worked with one of Malta’s most prestigious law firms and interned at the MFSA’s Enforcement Unit for an 8-month period in 2014.

Currently, Matthew works with as a Senior Associate within the commercial and corporate law department at MamoTCV Advocates.

 

 

Register Now

Please fill in the form below to register for this course.
We will contact you with the next steps in your registration process.

Why Choose Us

MITC is made up of a close-knit team with a real passion for learning and insurance, who believe in the continuous development and empowerment of individuals through learning. We understand all of the nuances and challenges that come with insurance training and, that is why we’re here to help you get your training right.

Our courses are developed following in-depth research and consultation on the subject matter and the related market, thus ensuring participant needs are met. All our trainers are experts in their field and actively contribute towards the continuous development of the courses which they deliver.

Our training services are accredited by the Malta Further and Higher Education Authority (MFHEA) and the European Qualifications Framework platforms. MITC’s homegrown insurance programmes are recognised by the renowned Chartered Insurance Institute, UK.

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