ABOUT THE WEBINAR
This session includes two key categories. They are concerning the assessment of Corporate Governance Scorecard and Related Party Transactions’ Resolution.
The Corporate Governance Scorecard can be measured the current corporate governance situation of the company. The companies can identify the parameters where they are lacking and take corrective actions to rectify. Companies should also use the Scorecard as a transparent scoring system to allow internal evaluation and to discover opportunities for long-term improvement. It promotes strengthening of monitoring bodies, necessary for systematic and compelling enforcement of the company.
Myanmar Corporate Governance Scorecard (MCGS) 2018 is based on the structure and criteria of the ASEAN Corporate Governance Scorecard (ACGS) 2017. It is a joint initiative of the ASEAN Capital Market Forum (ACMF) and the Asian Development Bank (ADB) that began in 2011, and aligned with the revised G20/OECD Principles of Corporate Governance. The goal of MCGS is to benchmark corporate governance practices in Myanmar companies to assess current corporate governance gaps and provide a framework for future policy discussions and corporate governance development efforts.
As the second category, the nature of Related Party Transactions (RPTs) can be learned. RPTs generate profits by extracting funds contributed by shareholders and providing them to related parties. Failure to provide timely clarifications to shareholders for these suspicious transactions leaves minority shareholders unprotected. Such use of RPTs is thus referred to as abusive RPTs. These transactions ultimately break the confidence of the public, stall the economic growth of the company in the stock market, and reputation losses to the regulatory authorities of the company. Any company has RPTs. The companies need to resolution technical know how these transactions to protect the rights of shareholders. Hence, it is vital to properly management and control the RPTs undertaken by companies, and thus the robustness of the laws regulating them forms an integral part of corporate governance.
ABOUT THE SERIES
The MIoD Leadership Series is designed to provide insights, knowledge and thought leadership to enable board directors and senior management to stay abreast of evolving challenges and trends and pursue continual learning to remain effective leaders.
We are delighted to announce that the seventh instalment of this series will be delivered by the well-known and well-respected Prof. Dr. Aung Tun Thet on the topic of “Mindful Leadership”.
WHO SHOULD ATTEND
Board Members and Senior Management
ABOUT THE WEBINAR
The webinar will begin by presenting the goals of the new Insolvency Law in 2020 and how it is put into action. Subsequently, we will elucidate the roles and duties of essential entities involved in this legislation, including the Insolvency Practitioners Regulatory Council, Myanmar Insolvency Practitioner Associations, Insolvency Practitioners, DICA, and the Supreme Court. In addition, we will provide insights into Corporate Rescue and Rehabilitation as an alternative to company winding-up procedures. Lastly, we will cover the Voluntary Liquidation Process under the Insolvency Law, ensuring a comprehensive understanding of these crucial aspects.
ORGANISERS
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ABOUT THE SESSION
The webinar will explore the current cyber threat landscape faced by organizations in Myanmar, drawing from real-world experiences. These threats not only jeopardize financial assets but also pose significant privacy concerns.
Drawing from recent incidents in the industry and our hands-on field experience, the webinar will offer insights into the specific challenges Myanmar businesses face and suggest practical strategies for mitigation.
Key topics we’ll explore include:
- Grasping the Present Threat Landscape: From Cyber Intrusions, Frauds, and Email Scams to Social Engineering and Ransomware.
- Key Takeaways from Recent Industry Incidents.
- Practical Mitigation Steps for Business Leaders.
- The Crucial Need for Security Awareness Programs.
Please contact trainingandevent@myanmariod.com or the office of Myanmar Institute of Directors.
Phone Number: +95 9 400151412, 400151419 and 427363904.
ORGANISERS
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ABOUT THE SERIES
A healthy, productive relationship between top-level management (C-Suite: CEO, CFO, COO…) and the Board of Directors is essential for good corporate governance and effective functioning of an organisation. In order to achieve success and create value for the company, we must understand the different roles played by board and management, and the lines of responsibility. Boards set strategic direction and hold management to account by monitoring, questioning, offering insight. On the other hand, management executes the strategy and runs the operations of the organisation.
How do board members stay informed on critical information of the company and hold management to account, while not getting involved in day-to-day issues? How do management teams engage with the board in order to take advantage of the value, experience and perspective offered by the board? Join us and hear from top C-level executives who will offer their perspectives in this interactive webinar.
WHO SHOULD ATTEND
Board Members and Senior Management
Please contact trainingandevent@myanmariod.com or the office of Myanmar Institute of Directors.
Phone Number: +95 9 400151412, 400151419 and 427363904.
ABOUT THE SERIES
The MIoD Leadership Series is designed to provide insights, knowledge and thought leadership to enable board directors and senior management to stay abreast of evolving challenges and trends and pursue continual learning to remain effective leaders.
We are delighted to announce that the sixth instalment of this series will be delivered by the well-known and well-respected Prof. Dr. Aung Tun Thet on the topic of “Effective and Successful Leadership Development Strategy”.
WHO SHOULD ATTEND
Board Members and Senior Management
Please contact trainingandevent@myanmariod.com or the office of Myanmar Institute of Directors.
Phone Number: +95 9 400151412, 400151419 and 427363904.