Corporate Governance Rules Amidst COVID-19

In light of the disruption caused by the COVID-19 pandemic and the resulting global economic slowdown, many companies are now faced with difficult decisions regarding investments, loans, employees, and other matters to ensure their survival. There are immediate operational risks and potential short, medium and long-term corporate governance concerns that will emerge from this outbreak.

One of the greatest governance challenges for both the management and the board is not only about appreciating and respecting their respective responsibilities but also the question of to whom they owe the fiduciary duties amidst this crisis.

Boards and their management teams are coping with unprecedented challenges. They need the time and space to manage their businesses through the crisis. Forcing them to spend time on compliance and reporting, as important as that is, risks removing their focus from the survival of their company.

In this session, we will discuss the corporate rules and the recent extension of reporting deadlines announced by the regulators. We will address the fiduciary duty principles as applicable to the board through its decision-making process and guidance to assist them with robust corporate governance compliance.

Learning Outcomes

• Describe the corporate governance duties to be observed by board and management
• Identify the temporary reliefs on the stringent governance requirements announced by the regulator
• List the potential challenges that will be faced by board in discharging their governance duties to their stakeholders
• Identify the “must do” actions that will help them succeed in crisis-and post-crisis-scenario
• Discuss the impact of non-compliance of the governance rules on the board and the company

Learning Outcomes

• Aspiring directors, newly appointed directors, experienced ones who wish to refresh knowledge on Corporate Governance

Virtual Classroom Format
	Interactive Facilitated Learning
	Knowledge Exchange
	Dinner Connect