In this seminar, you will learn everything you need to know about the rights and duties of a managing director. You will also learn how to organise the management board and how to balance sheet. In addition, you will gain valuable insights into risk management. This seminar is a must for every executive director of a financial company.
Professional qualification for the management of an institution within the meaning of the Banking Act and the ZAG
With the seminar, you will receive your certificate as proof of your expertise
Rights and duties of the managing director
Audit-proof organisation of the management board
Balance sheet knowledge
Riskmanagement
[smart_tables number=EB19]
Executive Director Financial Comapies – You need these skills. BaFin sets high standards of expertise for managing directors who work in a financial company regulated by the KWG, ZAG or KAGB. BaFin’s assessment covers the professional suitability, reliability and time availability of a managing director. Professional suitability to manage an institution within the meaning of the Banking Act and the ZAG means that a business manager has sufficient theoretical and practical knowledge of the relevant business as well as management experience.
The requirements for the professional suitability of a manager are measured by the size and structure of the institution as well as the type and variety of business conducted by the institution and are assessed on a case-by-case basis.
§ Section 25c (4) KWG requires regular attendance of training courses. The KWG obliges institutions to provide human and financial resources to facilitate the introduction of members of the management to their office and to provide the
and to provide the training necessary to maintain their professional competence.
Induction into office should be timely and support an understanding of the institution’s structure, business model, risk profile and governance arrangements, and the role of individual directors therein, and promote awareness of the benefits of diversity.
BaFin assumes that the institution will identify the need for further training, which can be met through training of the entire body as well as for individual members.
Rights and duties of the Executive Director Financial Companies
Know the most important tasks from the KWG
Liability trap: material risks and deviating deviating risk decisions
Remuneration systems for managers and employees Design audit-proof
Self-Assessment Supervisory Board and Executive Board
Executive Director Financial Companies
Balance Sheet Knowledge + Risk Management for the Executive Director for financial companies
The annual financial statement as an information tool
Compliance with banking supervisory regulations
Wirecard & Co.: New compliance obligations for managing directors
Minimum requirements for risk management:
We need your consent before you can continue on our website. If you are under 16 and wish to give consent to optional services, you must ask your legal guardians for permission. We use cookies and other technologies on our website. Some of them are essential, while others help us to improve this website and your experience. Personal data may be processed (e.g. IP addresses), for example for personalized ads and content or ad and content measurement. You can find more information about the use of your data in our privacy policy. You can revoke or adjust your selection at any time under Settings. Some services process personal data in the USA. With your consent to use these services, you also consent to the processing of your data in the USA pursuant to Art. 49 (1) lit. a GDPR. The ECJ classifies the USA as a country with insufficient data protection according to EU standards. For example, there is a risk that U.S. authorities will process personal data in surveillance programs without any existing possibility of legal action for Europeans.
If you are under 16 and wish to give consent to optional services, you must ask your legal guardians for permission. We use cookies and other technologies on our website. Some of them are essential, while others help us to improve this website and your experience. Personal data may be processed (e.g. IP addresses), for example for personalized ads and content or ad and content measurement. You can find more information about the use of your data in our privacy policy. Some services process personal data in the USA. With your consent to use these services, you also consent to the processing of your data in the USA pursuant to Art. 49 (1) lit. a GDPR. The ECJ classifies the USA as a country with insufficient data protection according to EU standards. For example, there is a risk that U.S. authorities will process personal data in surveillance programs without any existing possibility of legal action for Europeans. Here you will find an overview of all cookies used. You can give your consent to whole categories or display further information and select certain cookies.