Forum for Directors of Luxembourg Credit Institutions

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

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