Forum for Directors of Luxembourg Credit Institutions

Inter-company training

Which level is targeted at the end of the training course?

Advanced

How long does the training course last?

 2,00 day(s)

In which language(s) is the training course taught?

EN

When will the next session take place?

Who is organising this training course?

ILA is a non-profit organisation founded on 14th April 2005. It was launched in Luxembourg following the Second European Conference on Corporate Governance organized jointly by the European Presidency and the European Commission in order to aid and support Directors in their functions. ILA is an active member of ecoDa, the European Confederation of Directors Associations.

Who is the training course aimed at?

  • CEO’s and Directors of Credit Institutions
  • Authorised Management
  • Independent Directors

What are the aims or the skills being targeted?

The ILA Forum for Directors of Luxembourg Credit Institutions is designed to engage board members and senior executives on emerging corporate governance regulation and the corresponding demands on board transparency, increased director accountability, and increased dialogue with management and regulators.

The Board of Directors must have appropriate knowledge, understanding, and professional experience and, collectively, its members must have a thorough understanding of the bank’s strategy, risks, and of the overall industrial, economic, and regulatory environment. This Forum is an opportunity for directors to receive an update and exchange on latest developments

Benefit of the program
  • An update on latest regulatory developments
  • An ability to assess and score internal governance, Board compliance, and structure
  • Gap analysis and advice in defining and implementing new processes and effective internal controls

What does the training course cover?

Course highlights:

  • Board Composition & Functioning
  • Overview of Specialized Committees
  • An update from the CSSF
  • Director Skills & Training
  • Key Control Functions: Risk, Compliance, and Internal Audit
  • Strategies & Management Frameworks
  • Outsourcing Arrangements
  • Case Studies

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