Effective Board Reporting

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Tuesday 8th November, 2022

Delivered Virtually, Zoom

Attendee Fees: Non-members: £450 (VAT Exempt), Members: £225 (VAT Exempt)

Time: 09:30 - 13:00

Duration: 4 hours

Boards of companies in the financial sector are under increasing pressure to respond to probing questions about how they monitor the key business drivers, operational environments and risk considerations. A suitable information flow that is transparent and understandable must be present in the Management Information given to the Board addressing important business risks.

This half day course will provide you with the opportunity to evaluate your approach to Board Reporting, try new techniques, assess your strengths and potential development areas and implement process improvement. Anyone who creates, gathers or supervises board packs and reports, including Senior Management, Company Secretaries, heads of Risk, Compliance and Audit, and anyone obliged to gather reports for the Senior Management Team, will benefit from taking this course.

Course Overview

Examine the scope of your MI and Board Reports to prevent information gaps and information overload
Produce Board Reports that improve Board challenge and assist Board members in carrying out their responsibilities under the Senior Conduct Rules
Be more aware of, and reflect in your reports, the company’s strategy, board issues and decision-making style
Improve the format, tone and content of your reports to make them clearer, more focused and simpler to understand
Examine effective and ineffective board report practices
Control varying stakeholder viewpoints in a fair and transparent manner
Reduce the reporting burden on your

Agenda

Establish “safe” methods for assisting the Board with its responsibilities and recognising good and bad Board Reporting practices
Your Boards major tasks and responsibilities
The difficulties that Boards face, including those related to law and regulation, risk and strategy, stakeholders, sustainability and communication
The effects of the Consumer Duty and the Conduct Risk Framework
Principles for the active reporting of financial and non-financial information to Boards
Analysing the organisations decision-making style and culture and why it is significant to the presentation of information to the Board
The 6 essential questions you must ask
Developing data that flags issues clearly for the Board
Board priorities and challenges, including financial, operational and regulatory issues, as well as succession and growth
Clarifying the manner, timing and amount of information provided in reports
Engaging stakeholders and sharing data on diverse topics
Assisting Board members in carrying out their responsibilities under the Senior Conduct Rules

Trainer

Gary has been a compliance professional for over 27 years, having started his career at Lautro and the Personal Investment Authority and including spells at Threadneedle, Henderson (managing the N2 transition), Head of Compliance at hedge fund Brevan Howard and Head of Compliance Europe, Mid-East, Africa and Japan for a boutique investment bank. Since 2013 he has run his own regulatory and training consultancy, Tetractys, with operations in the UK and Ireland. Tetractys focuses the importance of governance as the essential driver of good compliance outcomes. He delivers open and bespoke training courses and external Board effectiveness assessments alongside his consulting work. Gary has a particular interest in cyber security governance and the impact of digitisation on compliance and business processes.

Gary has held FCA controlled/senior manager functions since 2001, has been a director of regulated companies in the UK and South Africa and is also has been a Central Bank regulated person in Ireland. Gary is a Fellow of the Institute of Leadership and Management, Fellow of the Chartered Management Institute and holds an MBA from the Open University Business School and Masters degrees from Oxford and London Universities. He sits on the regulatory advisory board of the Journal of Securities Compliance has also held a number of charity trusteeships.