Course Methodology
The course is built on presentations by the instructor and the participants and includes exercises and case studies to be discussed during the course.
Course Objectives
By the end of the course, participants will be able to:
- Explain the different types of regulators and the regulators’ principles
- Examine the independence of different regulators
- Appraise decision-making and accountability practices by regulators
- Evaluate transparency and efficiency of regulators
- Support monitoring and enforcement of regulations
Target Audience
Board members, chief financial officers, senior management, directors, finance managers, financial controllers, accounting and finance personnel, legal counsel, corporate legal advisors, corporate secretaries, lawyers, external and internal auditors, HR managers, and department heads. All employees and managers of regulators like capital market authorities, central banks and other governmental and non-governmental authorities and agencies.
Target Competencies
- Structuring of regulators
- Analyzing regulator efficiency
- Assessing decision-making
- Defending the regulator's point of view
- Explaining the role of regulator
- Evaluating regulator independence
- Identifying stakeholders' rights
Regulators’ Types and Principles
- Regulators’ types
- International bodies
- Ministries
- Authorities and agencies
- Self-regulatory organizations
- Regulators’ principles
- Independence
- Accountability
- Transparency
Regulators’ Independence
- Regulators’ funding
- Regulators’ independence
- Special interest groups
- Semi-governmental regulator
- Self-regulatory organizations
- Decreasing the influence of special interest groups
- Maintaining trust with stakeholders
Decision-Making and Accountability
- Decision-making
- Regulator structure
- Authority and decisions
- Accountability
- Engaging stakeholders in decisions
- Engaging related authorities
- Engaging stakeholders
Transparency and Evaluation
- Transparency required
- Governmental or semi-governmental regulators
- Nongovernmental regulators
- Evaluation of efficiency
- Financial performance
- Nonfinancial performance
Monitoring and Enforcement of Regulations
- Monitoring regulated entities
- Monitoring implementation of requirements
- Monitoring operational and financial results
- Monitoring whistle-blowing and complaints
- Auditing and inspecting
- Deviations
- Whistleblower information
- Enforcement of regulations
