This workshop will explore the corporate governance implications for financial services companies with the introduction of regulatory measures known as Senior Managers Regime in the UK and Managers in Charge in Hong Kong.
Description
In the post Global Financial Crisis world, governments around the world leaped into action with a series of legislative and administrative measures to regulate the financial services sector. Much of the regulations involve administrative measures to enforce the law, codes and guidelines without necessarily resorting to litigation or prosecution.
Measures have been introduced in Hong Kong by the Securities and Futures Commission under the auspices of Managers in Charge (MIC). Whilst bearing a clear resemblance to the SMR, it is not as detailed and prescriptive as the UK’s regulatory demands. Nevertheless, this has implications for HK securities companies, in particular the corporate governance of such companies.
This workshop will discuss the SMR and MIC implications for the way financial services companies will be governed.
Key topics covered:
- SMR and MIC implications
- New regulatory measures on corporate governance in the financial services companies
Trainer profile:
Dr Angus Young FCPA (Aust.) has held academic appointments at a number of universities. Currently he is Senior Lecturer at the Department of Accountancy and Law and Programme Director, MSc in Applied Accounting and Finance, HKBU, Distinguished Research Fellow at the German-Sino Institute of Legal Studies, Nanjing University, as well as Adjunct Fellow at the Western Sydney University Law School.
His contributions to the field of compliance had been recognised with three awards by the GRC Institute in 2014 including the Honorary Fellow Award, a joint recipient for the Brian Sharpe Memorial Essay Award, and an Honorary Mention for Honorary Fellow Award in 2009.
Angus is a Fellow of CPA Australia, Fellow of FINSIA, Member of the HKSI, and Member of the GRC Institute with accreditations as a Certified Compliance Professional as well as a Certified Risk Professional. As well, has completed a Certificate in Governance Practice with the Governance Institute of Australia. He is also holder of five undergraduate and postgraduate degrees in Law, Economics and Political Science.
BUY 3 AND SAVE 10%:
Enjoy 10% savings when you register for any three or more workshops in the Finance for the Future Program 2018.
* The fee paid is non-refundable. Transfers must be advised in writing and received by CPA Australia at least five working days prior to the event date. Transfers can only be made once and are subject to workshops within Finance for the Future Program 2018.
Learning objectives
- Understand the new regulatory measures on corporate governance in the financial services companies
- Alert managers in financial services companies to the compliance demands of MIC
Audience
This workshop is suitable for accounting and finance professionals as well as anyone who is interested in corporate governance in the post GRC era for the financial services sector.
In-person 3 Hours
75683077