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.
Registration fee for ICDM Member is RM450.00 (exclusive of 6% SST) while the standard registration fee is RM499.00 (exclusive of 6% SST). Please click here for registration before 4 May 2020.
For further inquiries, kindly contact Zefry at +6018 383 3873 or Khabirudeen at +6016 575 7765 or visit www.icdm.com.my.
ICDM looks forward to seeing you at the upcoming programme!