Professional Directorship: essential skills and knowledge

Description

This webinar introduces managers and newly appointed Directors to the role’s dynamics and obligations, focusing on what makes a director “fit and proper.” It examines duties, powers, and liabilities within legal and regulatory frameworks locally and internationally. Key topics include fiduciary duties, essential roles and relationships, and effective induction. Offshore challenges, such as demonstrating economic substance, and protocols for the vacation of office are explored. Participants will gain insight into the consequences of breaches of duty and strategies to manage liabilities through indemnities, insurance, and compliance. This session equips attendees with the knowledge and tools to navigate their responsibilities confidently while fostering governance excellence and mitigating risks.

 

 Content 

  • The Directors legal and regulatory universe (domestic and international)

  • Focus on “fiduciary duty”

  • Roles and Key relationships

  • Induction

  • Vacation of office

  • Offshore tensions and the need to demonstrate “Economic Substance”

  • Consequences of a breach of duty

  • Managing directors’ liabilities

 

Presenter

Jo French

Expert Trainer at the School of International Financial Services

Jo French 

Jo, through her company JETT Limited, specialises in developing contemporary bespoke, technical in-house CPD programmes covering a range of AML, compliance and governance issues. She has over 25 years’ experience in delivering credible training to a wide range of financial service businesses both in the Crown Dependencies and internationally, as well as institutions that include the BBA, the ACSP in the Isle of Man, Guernsey Training Agency and the Jersey International Business School where her role also extended to delivering on Buckingham University’s BSc (Hons) in International Financial Services degree as part of their faculty. 

In addition, she has taught on the International Compliance Association’s full range of AML and compliance qualifications since 2005, and as a Fellow of the Governance Institute (formally ICSA) written and delivered across both level 4&5 Certificate and Diploma, as well as the qualifying scheme, (subjects include Corporate Governance, Risk Management, Boardroom Dynamics, Company Law and Company Compliance and Administration.) Jo’s ICSA students have won many international prizes, most recently in Trust and Company Administration in May 2021, and CORE in the  November 2021 exams. 

A committed educationalist, Jo has a First Class Law Degree (LLB) and Masters in Law (LLM) (Merit) from Queen Mary University of London specialising in financial services law. She is passionate about the delivery of accessible and innovative training courses.