Fund Governance in Practice

Description 

The training is part of the Fund Governance Masterclass, a certification programme with the below topics:

• Module 1 – Funds & IFMs: Governance fundamentals (28hr, 3.5 days)
• Module 2 – Technology challenges for Governing Bodies (4hr, 0.5 day)
• Module 3 – Portfolio management (4hr, 0.5 day)
• Module 4 – ESG developments for Governing Bodies  (4hr, 0.5 day)
• Module 5 – Risk management (8hr, 1 day)
• Module 6 – Fund Administration, Depositary and Valuation (8hr, 1 day)
• Module 7 – Marketing, distribution and transfer agency (8hr, 1 day)
• Module 8 – AML/CFT for Governing Bodies (4hr, 0.5 day)
• Module 9 – The role of the auditor (4hr, 0.5 day)
• Module 10 – Tax & Regulation for Governing Bodies (8hr, 1 day)
• Module 11 – Fund Governance in Practice (8hr, 1 day)

 

  Course outline  

This module covers the practical aspects of being a Director in the fund industry including the relationship between the Director and the Fund/Investment Fund Manager (IFM), the Director lifecycle from sourcing through to termination, managing your liability and life as an independent Director.  

The implementation of good governance in the daily work of a Director in the fund industry will be illustrated through practical examples and case studies. The sharing of numerous tips aims to enable you to add value in your role.

Course highlights 

The module covers the following topics:

• Lifecycle of a Director: accepting, onboarding, continuous review and terminating a directorship mandate 

• The role of the Corporate Governance Officer (CGO) 

• The opportunities and challenges of being Non-independent Directors  

• What can go wrong: liability management, Directors’ & Officers’ Insurance, examples of claims and resolution 

• Sharing of experience by experienced Directors: tips and lessons learned  

• ILA Guidance & Toolkits for Directors