Effective Governance in Non-Profit Organisations

• Senior Management
• Compliance Officers and Legal Advisors
• Nonprofit Consultants and Advisors
• Foundation and Donor Representatives
• This course can be adapted to bankers (ie. Relationship Managers) on demand only ! (please contact us for more details)

In recent years, non-profit organisations, foundations, and other entities within the non-profit sector have increasingly come under scrutiny as the complexity of their operations and the associated risks have grown. Although these organisations are established with the goal of providing public benefit, they are not immune to issues such as financial mismanagement, fraud, and corruption. In light of such challenges, it has become imperative for non-profit organisations to adopt sound governance practices and ensure compliance with regulatory frameworks.

This training programme is designed to provide a comprehensive understanding of the governance, legal obligations, and financial risks facing non-profit organisations. It will equip participants with the knowledge and tools necessary to strengthen their internal controls, manage risks, and develop a culture of transparency and accountability within their organisations.
By the end of this training, participants will:

• Understand the structure and functioning of the non-profit sector
• Become familiar with the regulatory and legal framework
• Enhance governance and management practices
• Address the risks of financial crime
• Understand the importance of whistleblowing

• Introduction
• Non-profit sector
  • Overview
  • Entities
  • Role, functioning and specificities
  • Non-for-profit distinction
• Regulatory and Legal framework
  • Inter-nation framework
  • EU legislation
  • Luxembourg legislation
  • Others
• Governance and sound and prudent management
  • Organisation and structure
  • Management of conflicts of interests
  • Internal controls and risk management
  • Data protection
• Financial crime
  • Money laundering/Terrorism Financing
  • Corruption
  • Fraud
• Whistleblowing
• Conclusion
  • Recap & Q&A