Institut Luxembourgeois des Administrateurs (ILA)’s Post

Another edition of ILA's flagship course 𝗧𝗵𝗲 𝗘𝘀𝘀𝗲𝗻𝘁𝗶𝗮𝗹𝘀 𝗟𝘂𝘅𝗲𝗺𝗯𝗼𝘂𝗿𝗴 took place at the INNSiDE by Meliá Luxembourg last week.   It has been an intense 3 days of face-to-face sessions during which the participants dived into the practical aspects of being a #Director in Luxembourg, from dealing with #legal, #accounting and #tax issues, to embedding #sustainability and #integrity in their strategy, to practicing the essential #softskills needed in the Boardroom.   Thank you to our 24 participants for their active contribution, enthusiasm and willingness to share their knowledge, expertise and experiences; and to all our local practitioners and experts: Petra Besson Fencikova, CFA, Caroline Bocklandt, Jacques Graas, Justin Griffiths, Alain Hondequin, Nenad Ilic, CFA, Eva Kupferschmidt, Alexis Kyprianou, Sven Mertes, Julien Mottet, Gabriela Nguyen-Groza, Sylvia Nitelet, Karen O'Sullivan, Sophie Öberg, Michael Schweiger, Michael Weis, Victoria Woestmann.    A special thanks to Alexis Kyprianou who also moderated this whole programme.   This course represents a qualifying path for future ILA Certified Directors. This programme is also open to experienced Executives and Directors who want to strengthen their understanding of the different aspects of Director duties in the specific context of Luxembourg.   The November edition is sold out but registrations are open for the January 2025 edition 👉https://lnkd.in/eDVXaUcD   #Corporate #Corpgov #Luxembourg #Governance

We are pleased to share that the next edition of the 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗝𝗼𝘂𝗿𝗻𝗲𝘆, organised by Chapter Zero Brussels and Vlerick Business School is starting on 26 September 2024. For this edition, 𝗜𝗟𝗔 𝗺𝗲𝗺𝗯𝗲𝗿𝘀 𝗮𝗿𝗲 𝗲𝗻𝘁𝗶𝘁𝗹𝗲𝗱 𝘁𝗼 𝗮 𝟭𝟬% 𝗱𝗶𝘀𝗰𝗼𝘂𝗻𝘁. This training is specifically designed for corporate leaders (Board members and Executives) and it achieved the "Approved Course" status from the Climate Governance Initiative. The format is hybrid, combining on-site sessions in Brussels, online sessions, and an inspiring guided forest walk in the Sonian Forest. Register here 👉 https://lnkd.in/g8Rn_rDx #ESG #Sustainability #Governance

We are pleased to share our newest publication about 𝗕𝗼𝗮𝗿𝗱 𝗣𝗼𝗿𝘁𝗮𝗹 𝗧𝗼𝗼𝗹𝘀, compiled by the ILA Financial Companies Working Committee. This document deals with the functionalities and advantages of using a digital Board Portal Tool. Offering a seamless transition from paper-based methods to both dynamic and interactive digital environments, they provide a secure and centralised platform for communication, collaboration and document management. 𝘕𝘢𝘷𝘪𝘨𝘢𝘵𝘪𝘯𝘨 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘵𝘩𝘦 𝘤𝘰𝘮𝘱𝘭𝘦𝘹 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘸𝘰𝘳𝘭𝘥 𝘰𝘧 𝘵𝘰𝘥𝘢𝘺, 𝘵𝘩𝘦 𝘥𝘪𝘨𝘪𝘵𝘢𝘭 𝘉𝘰𝘢𝘳𝘥 𝘗𝘰𝘳𝘵𝘢𝘭𝘴 𝘯𝘰𝘵 𝘰𝘯𝘭𝘺 𝘱𝘳𝘰𝘷𝘦 𝘵𝘩𝘢𝘵 𝘵𝘩𝘦𝘺 𝘢𝘳𝘦 𝘨𝘳𝘦𝘢𝘵 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘪𝘤𝘢𝘭 𝘴𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘴 𝘣𝘶𝘵 𝘢𝘭𝘴𝘰 𝘦𝘧𝘧𝘪𝘤𝘪𝘦𝘯𝘵 𝘤𝘰𝘳𝘱𝘰𝘳𝘢𝘵𝘦 𝘨𝘰𝘷𝘦𝘳𝘯𝘢𝘯𝘤𝘦 𝘱𝘳𝘰𝘮𝘰𝘵𝘦𝘳𝘴, 𝘩𝘦𝘭𝘱𝘪𝘯𝘨 𝘴𝘵𝘢𝘬𝘦𝘩𝘰𝘭𝘥𝘦𝘳𝘴 𝘵𝘰 𝘤𝘰𝘮𝘱𝘭𝘺 𝘸𝘪𝘵𝘩 𝘤𝘰𝘳𝘱𝘰𝘳𝘢𝘵𝘦 𝘨𝘰𝘷𝘦𝘳𝘯𝘢𝘯𝘤𝘦 𝘱𝘳𝘢𝘤𝘵𝘪𝘤𝘦𝘴. Read the publication here 👉 https://lnkd.in/ev4yEVHR 𝘛𝘩𝘪𝘴 𝘱𝘶𝘣𝘭𝘪𝘤𝘢𝘵𝘪𝘰𝘯 𝘪𝘴 𝘳𝘦𝘴𝘵𝘳𝘪𝘤𝘵𝘦𝘥 𝘵𝘰 𝘐𝘓𝘈 𝘮𝘦𝘮𝘣𝘦𝘳𝘴 𝘰𝘯𝘭𝘺. #Luxembourg #Digital #Governance #BoardPortalTool

Last chance to register for the Coffee Chat 𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀 - 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗢𝗯𝗹𝗶𝗴𝗮𝘁𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀, in collaboration with ClientEarth, happening tomorrow! This session will focus on the critical obligations of investors, asset owners and managers regarding #ClimateChange and #HumanRights, and will outline the way forward of Sustainable Finance. Our expert speakers Nicoletta Centofanti and Sophie Marjanac, and moderator Reyhan Gulec will focus on: 🔹The duties of asset owners and managers to integrate climate change risks and opportunities into their decision-making processes 🔹Overview of relevant regulations (e.g., #UN Guiding Principles on Climate Change and Human Rights and the updated #OECD Guidelines on Multi-national Enterprises) and their application to financial institutions and their clients 🔹Case studies highlighting legal precedents and investor actions 🔹The way forward of Sustainable Finance Register here 👉 https://lnkd.in/dQSRqsGq Luxembourg Sustainable Finance Initiative #Luxembourg #Governance #SustainableFinance #ESG

We are pleased to share this interesting insight by Emilie Ramponi of Arendt Investor Services about 𝗔 𝗮 𝗴𝗮𝗺𝗲 𝗽𝗹𝗮𝗻 𝗳𝗼𝗿 𝗲𝗹𝗲𝘃𝗮𝘁𝗶𝗻𝗴 𝗯𝗼𝗮𝗿𝗱 𝗲𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲𝗻𝗲𝘀𝘀 𝘌𝘧𝘧𝘦𝘤𝘵𝘪𝘷𝘦 𝘣𝘰𝘢𝘳𝘥𝘴 𝘴𝘦𝘵 𝘤𝘭𝘦𝘢𝘳 𝘨𝘰𝘢𝘭𝘴, 𝘧𝘰𝘴𝘵𝘦𝘳 𝘵𝘳𝘢𝘯𝘴𝘱𝘢𝘳𝘦𝘯𝘵 𝘤𝘰𝘮𝘮𝘶𝘯𝘪𝘤𝘢𝘵𝘪𝘰𝘯 𝘢𝘯𝘥 𝘩𝘢𝘷𝘦 𝘢 𝘳𝘰𝘣𝘶𝘴𝘵 𝘨𝘰𝘷𝘦𝘳𝘯𝘢𝘯𝘤𝘦 𝘴𝘵𝘳𝘶𝘤𝘵𝘶𝘳𝘦 𝘸𝘪𝘵𝘩 𝘸𝘦𝘭𝘭-𝘥𝘦𝘧𝘪𝘯𝘦𝘥 𝘳𝘰𝘭𝘦𝘴 𝘢𝘯𝘥 𝘳𝘦𝘴𝘱𝘰𝘯𝘴𝘪𝘣𝘪𝘭𝘪𝘵𝘪𝘦𝘴. [...] 𝘊𝘳𝘢𝘧𝘵𝘪𝘯𝘨 𝘢 𝘨𝘢𝘮𝘦 𝘱𝘭𝘢𝘯 𝘵𝘰 𝘦𝘭𝘦𝘷𝘢𝘵𝘦 𝘣𝘰𝘢𝘳𝘥 𝘦𝘧𝘧𝘦𝘤𝘵𝘪𝘷𝘦𝘯𝘦𝘴𝘴 𝘣𝘦𝘨𝘪𝘯𝘴 𝘸𝘪𝘵𝘩 𝘴𝘦𝘵𝘵𝘪𝘯𝘨 𝘤𝘭𝘦𝘢𝘳 𝘰𝘣𝘫𝘦𝘤𝘵𝘪𝘷𝘦𝘴 𝘢𝘯𝘥 𝘥𝘦𝘱𝘭𝘰𝘺𝘪𝘯𝘨 𝘢 𝘴𝘵𝘳𝘢𝘵𝘦𝘨𝘺 𝘵𝘩𝘢𝘵 𝘵𝘳𝘢𝘯𝘴𝘧𝘰𝘳𝘮𝘴 𝘺𝘰𝘶𝘳 𝘣𝘰𝘢𝘳𝘥. Read the full article here 👉 https://lnkd.in/eSTwSy3c #Luxembourg #Governance #Board #BoardEffectiveness

We are pleased to contribute to this interactive workshop organised by FONDATION APEMH in collaboration with FEDAS Luxembourg asbl. Alongside Nancy THOMAS and Priscilia Talbot of IMS Luxembourg - Inspiring More Sustainability, Gabriela Nguyen-Groza, Co-Chair of the ILA Nomination & Remuneration Working Committee, will discuss the importance and the advantages of #diversity for the Board of Directors of #NPOs. Register here 👉 https://lnkd.in/e457_AN7 𝘛𝘩𝘪𝘴 𝘦𝘷𝘦𝘯𝘵 𝘪𝘴 𝘪𝘯 𝘍𝘳𝘦𝘯𝘤𝘩.

𝗣𝗿𝗲𝘀𝘀𝘂𝗿𝗲 𝗳𝗿𝗼𝗺 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗴𝗿𝗼𝘄𝘀 𝗼𝗻 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝘁𝗼 𝗶𝗻𝗰𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗰𝗹𝗶𝗺𝗮𝘁𝗲 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝗶𝗻𝘁𝗼 𝗲𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲 𝗿𝗲𝗺𝘂𝗻𝗲𝗿𝗮𝘁𝗶𝗼𝗻 BNP Paribas Asset Management has become the latest institutional investor to insist that the companies in which it invests should incorporate their climate protection performance into executive compensation plans, as part of its 2024 Governance and Voting Policy. It will now require companies in the energy, utilities, industrials and materials sectors, as well as others identified as high greenhouse gas emitters, to integrate a climate component that is measurable, quantifiable and relevant to the company's sustainable development strategy into executive remuneration policies. BNP Paribas AM, which plans to extend the requirement to all companies by 2026, says that this year it opposed 36% of portfolio company annual general meeting resolutions, including 2,163 management proposals at 332 companies, for environmental and social reasons, with 79% of decisions to oppose stemming from climate or biodiversity-related expectations. The asset manager says companies' performance has improved since 2023 but it opposed as many AGM resolutions as the previous year because its expectations have increased. Read more about this and other Key Governance Developments here 👉 https://lnkd.in/eYQpP3B8 #Governance #CorporateGovernance #Corpgov #Luxembourg #ESG #Sustainability #Compliance

Last Tuesday, on a long-awaited sunny day, we had a great time at our 𝗜𝗟𝗔 𝗚𝗼𝗹𝗳 𝗗𝗮𝘆 𝟮𝟬𝟮𝟰!   Relive the best moments of the day in the video and picture report 👉https://lnkd.in/d9xV-WNb   A warm thank you to all participants, our sponsors Caseware Belgium & Luxembourg, Marsh, Eurogolf, Aztec Group, and to Golf de Luxembourg - Belenhaff for hosting us.   Next year, we will be celebrating the 10th edition of the ILA Golf Day. Stay tuned for a great event!   #Golf #Luxembourg  #Governance

Reserve your spot for our upcoming course on 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗶𝗻𝗴 𝗔𝗹𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝘃𝗲 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 𝗶𝗻 𝗟𝘂𝘅𝗲𝗺𝗯𝗼𝘂𝗿𝗴! This training programme provided by expert Oliver R. Hoor comprises a series of 4 modules, which will give participants a 360-degree overview of the new #tax environment in which Alternative Investments have to navigate. 🔹Module 1 | 17/09/24 - 14.00- 17.00 | Implementing alternative investments in the post-BEPS era 🔹Module 2 | 24/09/24 - 14.00-17.00 | Substance requirements 🔹Module 3 | 08/10/24 - 14.00-17.00 | Transfer pricing and related documentation 🔹Module 4 | 17/10/24 - 14.00-17.00 | The mandatory disclosure regime (#DAC6) You can choose to register for the whole training programme or to select specific modules separately. Register here 👉 https://lnkd.in/guwhd8_c ATOZ Tax Advisers Luxembourg #AlternativeInvestments #TaxCompliance #Governance #Luxembourg