Course Outline

1. Understanding Governance in Financial Institutions

• Foundations of Good Governance: Introduction to the concept of governance, its importance in financial institutions, and the impact on stakeholders.
• Regulatory Environment and Compliance: Overview of the regulatory landscape affecting governance, including major regulations and standards at both international and national levels.
• Ethics and Integrity in Financial Services: The role of ethics and corporate values in governance, including strategies for promoting an ethical culture within an organization.

2. Structures and Mechanisms for Effective Governance

• Governance Structures: Detailed exploration of various governance structures, including boards of directors, committees, and executive management roles, and their functions within financial institutions.
• Risk Management Frameworks: Understanding how effective governance integrates with risk management to identify, assess, and mitigate risks.
• Transparency and Accountability: Mechanisms for ensuring transparency in operations and accountability to stakeholders, including reporting requirements and stakeholder communication strategies.

3. Implementing and Monitoring Governance Practices

• Best Practices in Governance Implementation: Practical guidelines for developing and implementing governance policies, including change management strategies and training programs.
• Monitoring and Evaluation of Governance Practices: Techniques for ongoing monitoring, evaluation, and enhancement of governance practices to adapt to changing regulatory requirements and market conditions.
• Case Studies and Lessons Learned: Examination of real-world examples of governance failures and successes, drawing lessons and best practices for participants to apply in their own institutions.