Customised Director Training Programme

With the recent introduction of the IFIA Corporate Governance Code for Collective Investment Schemes and Management Companies (the "Code"), there is an increased focus on the role and on performance of directors on fund/management company boards. While the Code is voluntary, it has been adopted by most Central Bank authorised funds and management companies. Good governance requires that the performance of a board of directors be evaluated on an on-going basis and this is reflected in the Code which expects that the overall performance of the board and that of individual directors be reviewed annually and a formal review of the Board and the Chair be carried out and documented at least once every three years.