Funds Governance

The drive towards greater board and director responsibility, oversight and stewardship have become a major focus for many fund and management company boards operating within Ireland’s financial services industry. Effective board governance poses a particular challenge in the Irish funds sector, where compliance obligations may be multi-jurisdictional.
Did you know that the Alternative Investment Funds Directive 2014 and new supervision and enforcement provisions in the 2013 Central Bank of Ireland Act, advocates the value of independently validating the governance policies and structures for fund boards and related management company frameworks?

We can review and advise you on a range of issues relating to governance and your board, including: 

 

  • Independent Pre-PRISM Review of governance structures and controls.
  • Customised 5 Step Governance Review Programme framed to National Standards Authority of Ireland methodology
  • Managing & Supporting Designated Functions for Non-Executive Directors.
  • Developing an awareness of conflicts of interests in Supervising Delegates to various fund structures.
  • Advising on Board Reporting and Sub-Committee Frameworks.
  • Advising on Key Control Functions, Separation of Powers at board level and escalation paths within the business.
  • CP 86 – Organisation Review

 

Governance Ireland can empower your board to meet,adopt and manage in accordance with the new governance standards. Ensure your material policy documents match the standards in the IFIA Voluntary Code of Corporate Governance and other industry best practice benchmarks. Talk to us about how our experienced team can assess the quality and depth of your current governance frameworks and policy suite.