WORKSHOPS

The content would focus upon assessing company compliance with regulations and codes and how to enhance compliance

This workshop is designed for senior staff of the capital markets authorities and other regulated institutions.

Certificate of participation issued by the UASA & SCA Professional Training & Examinations Centre.

15:00 - 16:20 Session 1

16:20 - 16:30 Break

16:30 - 17:50 Session 2

17:50 - 18:00 Break

18:00 - 19:00 Session 3

SESSION 1: REVIEWING THE EFFECTIVENESS OF CORPORATE GOVERNANCE PRACTICES IN MENA

A benchmarking and comparative assessment of current corporate governance practices in MENA to include:

•World Economic Forum Competitiveness Results (2016)

•World Bank Doing Business Results (2016)

•Ibrahim Foundation African Corporate Governance Assessment Results (2016)

SESSION 2: MANDATING CORPORATE GOVERNANCE

An overview of current corporate governance laws and regulations in MENA to include:

•Benefits and disadvantages

•Bright line definitions

•Enforcement practices

•Lessons concerning the impact of European and US Financial Sector Fines

SESSION 3: ALTERNATIVES TO MANDATING CORPORATE GOVERNANCE

An overview of alternatives to mandating corporate Governance in MENA

•Voluntary Corporate Governance Codes - Principles, Practices, Effectiveness

•Diverse Approaches in Codes – Is “comply or explain”, “apply or explain” or “apply and explain” appropriate?

•Benefits and disadvantages

•Code compliance monitoring – “the adequacy of explanations”

•The role of the regulator

•The role of scorecards

SESSION 4: NEW TRENDS

•Board structure, composition and practices to include board diversity

•Corporate reporting best practices

•Integrated Reporting

•Sustainable Development

•Remuneration reporting

•Whistleblowing / speak up

•Stewardship Codes – The UK Stewardship Code (2010) and the Code for Responsible Investors in South Africa (2011)

•Accounting and Auditing Standards and Practices