The Jersey branch of the Institute of Directors is hosting a seminar to launch the fifth edition of a key publication that sets out the rights, powers, duties, responsibilities, risks, liabilities and limitations of being a director in the Island.
The ‘Guidelines for Jersey Directors’ was last published in 2014.
Their purpose is to increase standards of corporate governance, maximise profits for shareholders, minimise losses for creditors, warn directors of pitfalls, reduce the risk of financial or reputational loss and to ensure that directors receive fair remuneration for their labours and the risks they take. The latest edition has been updated by Advocate Robert Gardner and Advocate Edward Drummond of Bedell Cristin.
The seminar, at which the two authors will highlight the key changes since the 2014 edition, will be held on Wednesday 20 June at the Radisson Hotel from 8.30 am until 10 am. Attendees will receive a copy of the guidelines and the event may count towards one hour of CDP.
IoD Jersey chairman Chris Clark said: “As the Island comes under ever increasing scrutiny, it is imperative that our company directors maintain the highest standards and are armed with the latest information on any shift in their duties and responsibilities. A lot can change in four years, so I urge fellow directors to attend.”
To secure your place at the seminar, click here.
The IoD will also be holding its popular Annual Debate, sponsored by Carey Olsen, on 20 September. For more information, click here.