Global Updates
Global Updates
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With the pandemic taking its grasp over the globe, we at Hawkamah would like to keep you updated on corporate governance related documents being issued by various organizations, platforms, and thought leaders that maybe useful as you try to work with your board go through this ongoing challenge. 

Global Policy

  • The Organisation for Economic Co-operation and Development (OECD) issued in its recent Economic Assessment Report actions and measures by the governments in softening the economic impact of NCOV.
  •  
  • The International Corporate Governance Network (ICGN), a conglomeration of some of the biggest international institutional investors, laid out in its viewpoint how different markets are handling shareholder meetings during the COVID-19 health emergency.  

 

Advise for Boards

  • Corporate governance thought leaders laid out 10 considerations for Board of Directors as they work with their management grapple with the day-to-day management of crisis mitigation and highlights key areas of focus that Boards need to stay on top to make sure that management is taking appropriate action to the extent the board considers prudent.
  • ICSA, The Governance Institute from the United Kingdom, issued a very useful guidance on virtual meetings that lays out the roles of board chairs, board secretary, board members, and executives in ensuring effective and productive virtual meetings. As a growing number of regional companies are deploying various online meeting softwares, the best-practice guidance from ICSA can assist regional boards systematize virtual meetings. 

  • The International Finance Corporation shared some tips for company leadership on how to respond to the COVID-19 crisis that demonstrate leadership and culture, effective oversight of crisis management, an internally agile response to crisis, trusted and responsive communication with both shareholders and stakeholders, and an overall commitment to the company’s sustainability.     

  • The International Corporate Governance Network, a global association of major institutional investors and asset managers, issued a Statement of Shared Governance Responsibilities calling for specific actions by companies and investors in light of the public health and economic crisis from the COVID pandemic.  

Note:  The documents hyperlinked above will send you directly to the author’s/publisher’s direct document.  From time to time these web links maybe updated by the author/publisher without the knowledge of Hawkamah.  Please do let us know (info@hawkamah.org) if any of these hyperlinks are dead links so we can update appropriately. 

Testimonials

  • "We extend our thanks and appreciation to Hawkamah institute for its cooperation and the effectiveness of the Director Development Program"

    Saeed Al Kaabi - Abu Dhabi Monitoring and Controlling Centre(ADMCC)

  • "The Director Development Program was very rich in useful information and added a lot to us, and the trainers’ experience, skills and capabilities had positive impact on delivering the information to us in a direct and clear manner"

    Hamad Al - Tamimi - Osool Asset Management

  • The corporate Governance in all type of entities adds morality and ensures implementation of the best practices to fulfill the responsibilities of those entities and to ensure the rights of all parties involved, especially those who have no authority to participate in the decision-making cycle.

    Hawkamah institute contributed to enrich the knowledge of these responsibilities and the role of governance for the success of institutional work in accordance with principles that establish values and ethics.

    Ajman Municipality

  • '‘Excellent, well delivered, informative program presented by well-seasoned trainers. The training program has helped transform and empower the Board’s vision and focus our minds on the relevant issues at hand. We sincerely thank you for the training sessions which helped broaden our perspective and decision making processes. We strongly recommend this training to elevate directors to the next level".

    Bank of Maldives

  • "I would like to thank Hawkamah for the ESG Reporting training , I found the two days ESG Reporting training very informative and helpful and I have definitely received some tools that I will use in my work"

    Rania Zaatari - Head of Makassed Communal Healthcare Bureau

  • "The DDP provides a solid foundation of corporate governance for existing and aspiring directors."

    David Haglund - Senior Executive Director and Portfolio Manager of the Templeton Frontier and MENA Market strategies

  • “Thank you so much for sharing such insightful webinar. It was great and valuable to all participate”

    Shady Rashed - Senior Economic Researcher at The Ministry of International Cooperation of Egypt

  • “Good session and very well organized on the webinar about How to buffer and lessen the impact of the novel Covid – 19, to maintain business sustainability with Hawkamah - AUB / Makhzoumi” 

    Bilal Hamade - Executive Advisor

  • "One of the best webinars I attended. Well done OSB Makhzoumi and Hawkamah”

    Fida Kanaan – Director – Executive education  OSB AUB

  • "A journey full of knowledge, experience and professionalism . I have learned a lot and definitely enjoyed the time I spent with my colleagues."

    Ibtihal Al-Shamali- Director of Corporate Governance- Capital Market Authority of Kuwait

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