Role and Responsibilities of authorized management including Board members

Banks’ board members face increasing responsibilities, in a regulatory framework that is becoming more and more complex. To help them grasp a sound understanding of those, our training is structured in two main axes:

  1. the different aspects of the board members social mandate;
  2. the regulatory requirements set for board members in banks (EBA and CSSF).

8 June 2020 (ENG) - Webinar format - 9am-13pm

Price: 650.00 €

Duration: 4h

Language: English, also available in French. 

Number of participants: 20

objectifs

Objectives

By the end of this training, the participants will be able to:

  • Describe rights and obligations of the role of board member,
  • Anticipate risks in terms of tax liability,
  • Identify key issues of the board member function,
  • Understand risks of taking such a mandate.
Contenu

Content

Part I - The social mandate of board members in banks

  • The obligations of board members;
  • The civil and criminal liability;
  • Payment and taxation of directors’ fees;
  • D&O liability insurance;
  • The specificities of listed companies and fund administrators.

Part II - The regulatory requirements set for board members in banks

  • CSSF guidelines regarding governance of banks;
  • Obligations resulting from the CSSF Circular 12/552 as modified and the EBA directives;
  • Presentation of the organization of the specialized committees of the Board of Directors;
  • The obligations of board members regarding audit and validation of financial statements.

Target audience

  • Independent directors;
  • Executive Directors;
  • Staff representatives elected to the position of director;
  • Members of the board.
Our lead experts

Our lead experts

This training will be coordinated by Emmanuelle Henniaux, Regulatory & Compliance Advisory Services Partner and presented by subject matter experts.

​​Emmanuelle Caruel-Henniaux is a Regulatory and Audit Partner of PwCspecialized in the banking industry. She has more than 25 years of experience in the financial sector in Luxembourg. She has a unique expertise of regulatory requirements applicable to banks and other professionals of the financial sector. She is auditing several banking institutions with subsidiaries and / or branches abroad and other professionals of the financial sector in Luxembourg. 

Pascual Soledad is a lawyer and Senior Manager in MNKS, focusing mainly on mergers & acquisitions and private equity transactions, as well as general corporate work.

She advises mostly international companies, private equity sponsors and management teams in the structuring and financing of international joint ventures, leveraged buyouts and acquisitions, assisting all along the due diligence, structuring and negotiation process. 

​Isabelle Melcion is a Director of PwC and also a member of the "Association Luxembourgeoise des Compliance Officers" (ALCO). Isabelle is in charge of regulatory advice for Banking and Professionals of the Financial Sector (PFS) matters in our Regulatory and Compliance Advisory Services department.  She has more than 18 years of experience in the financial sector in Luxembourg.  

Contact us

Contact details

PwC's Academy, Crystal Park Building, PwC Luxembourg

Tel: +352 49 48 48 4040

Follow us