Special focus: Real Estate 2017 Special focus Real Estate 2017 | Page 2

IBERIAN LAWYER Masterclass The changing role of Secretaries of the Board in facilitating good governance As regulation, risk and the responsibilities of directors in relation to the management of legal entities increase, having a strong global governance framework is key 24 October 2017, Madrid Company directors now have increasingly complicated roles to fulfill across different parent and subsidiary companies. The main objective of any governance framework is to protect shareholder value first and foremost. However, companies must also consider the practical issues that cause either reputational damage or financial penalties that will impact on shareholder value. Quite often, when you look at corporate governance failings, they have occurred at subsidiary level. A lack of global harmonisation in relation to legislation and regulation also means it is no longer appropriate for groups to focus only on parent company governance. The management of legal entities internationally, is now on the radar. Time 09.00am – 11.00am Venue InterContinental Madrid Pso de la Castellana 49 28046 Madrid Company secretaries are the custodians of governance and are increasingly taking responsibility for helping directors to manage their responsibilities. As such, they can take on a more central role by using technology to facilitate good governance. It is vital to have the right information at the right time or it could mean a heavy fine or even worse. This session brings together secretaries of the board and leading lawyers to discuss the following issues: 1. The regulatory burden multiplies as your business expands into new jurisdictions. How do you ensure you are always compliant? 2. How can you reduce the legal risks associated with governance, including the personal exposure of directors and officers, and legal and regulatory compliance failure? 3. What processes should be in place and how should data be presented to the board? How do you give your directors confidence in the information you are giving them? 4. Should company secretaries get more involved in coordinating the induction of directors and their ongoing training programmes? If you are interested in receiving more information please contact [email protected] In collaboration with: 22 • IBERIAN LAWYER • September / October 2017 www.iberianlawyer.com