BEGIN:VCALENDAR VERSION:2.0 METHOD:PUBLISH PRODID:-//Telerik Inc.//Sitefinity CMS 13.3//EN BEGIN:VTIMEZONE TZID:Central Standard Time BEGIN:STANDARD DTSTART:20231102T020000 RRULE:FREQ=YEARLY;BYDAY=1SU;BYHOUR=2;BYMINUTE=0;BYMONTH=11 TZNAME:Central Standard Time TZOFFSETFROM:-0500 TZOFFSETTO:-0600 END:STANDARD BEGIN:DAYLIGHT DTSTART:20230301T020000 RRULE:FREQ=YEARLY;BYDAY=2SU;BYHOUR=2;BYMINUTE=0;BYMONTH=3 TZNAME:Central Daylight Time TZOFFSETFROM:-0600 TZOFFSETTO:-0500 END:DAYLIGHT END:VTIMEZONE BEGIN:VEVENT DESCRIPTION:Counting sheep? Do your duties and responsibilities as a board member keep you awake at night? But&hellip\; are you counting the right sh eep? Do you know the risks\, regulations\, and financial realities that sh ould be top of mind at your credit union? Learn more about today&rsquo\; s top risks and how to guide your institution accordingly.\nLearning Objecti ves\n\n Appreciate essential board governance concepts\n Prepare you rself to be an effective board member\n Understand duties of care and l oyalty\n Avoid governance landmines and deploy best practices&bull\; Co nsider consequences for lack of performance\n Maximize insurance and in demnification options\n\nThere was a time when there was no safer place to be than in the boardroom. But the time-honored tradition of service is ge tting tougher all the time and the concept of a safe haven is long gone. T oday&rsquo\;s boards are faced with increasing pressure to stay informed o f the complex regulatory and business realities of the financial services marketplace. From new regulations being crafted daily to balance sheet pre ssures caused by an eroding economy\, there are landmines everywhere for a n unprepared board member. As class action litigation continues to spread\ , there is always a risk that someone will attempt to hold directors liabl e for actions taken on behalf of the financial institution.\nThe concept o f risk is foundational to financial institution operations. The regulators know it\; institutions are evaluated based on a risk-focused examination program. The executive team knows it\; key operational elements require re gular risk assessments. Risk simply means the probability of something bad happening. But without risk\, there is no reward. Rather than shy away fr om all risk\, a well-run institution will evaluate the risk and design its strategy accordingly. Join veteran financial services attorney David Reed as he reviews the top emerging risks directors should consider as they gu ide their institutions toward new opportunities. DTEND:20220721T203000Z DTSTAMP:20240328T092939Z DTSTART:20220721T190000Z LOCATION: SEQUENCE:0 SUMMARY:Things That Keep Boards Up at Night UID:RFCALITEM638471969796972409 X-ALT-DESC;FMTTYPE=text/html:
Counting sheep? Do your duties and responsi bilities as a board member keep you awake at night? But&hellip\; are you c ounting the right sheep? Do you know the risks\, regulations\, and financi al realities that should be top of mind at your credit union? Learn more a bout today&rsquo\; stop risks and how to guide your institution accordingl y.
\nLearning Objectives
\nThere was a time when there was no safer place to be than in the boardroom. But the time-honored tradition of service is getting tougher all the time and the concept of a safe haven i s long gone. Today&rsquo\;s boards are faced with increasing pressure to s tay informed of the complex regulatory and business realities of the finan cial services marketplace. From new regulations being crafted daily to bal ance sheet pressures caused by an eroding economy\, there are landmines ev erywhere for an unprepared board member. As class action litigation contin ues to spread\, there is always a risk that someone will attempt to hold d irectors liable for actions taken on behalf of the financial institution.< /p>\n
The concept of risk is foundational to financial institution opera tions. The regulators know it\; institutions are evaluated based on a risk -focused examination program. The executive team knows it\; key operationa l elements require regular risk assessments. Risk simply means the probabi lity of something bad happening. But without risk\, there is no reward. Ra ther than shy away from all risk\, a well-run institution will evaluate th e risk and design its strategy accordingly. Join veteran financial service s attorney David Reed as he reviews the top emerging risks directors shoul d consider as they guide their institutions toward new opportunities.
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