Directors Duties Under the Companies Act and FIAMLA

Trainer: Kaminee Busawah & Megashya Moonesawmy

Learning objectives:
Equip directors and senior officers with a clear understanding of their legal obligations and responsibilities under both the Companies Act and the Financial Intelligence and Anti-Money Laundering Act (FIAMLA) with a focus on governance, fiduciary duties, accountability, and compliance with anti-money laundering and counter-terrorist financing obligations.

Course Outline

  1. Duty to Act in Good Faith and in the Best Interests of the Company
  2. Duty to Exercise Care, Diligence, and Skill
  3. Duty to Avoid Conflicts of Interest
  4. Duty to Act in Accordance with the Company’s Constitution
  5. Duty Not to Trade Recklessly or Engage in Fraudulent Trading
  6. Duty to Disclose Interests in Transactions
  7. Duty to Ensure Proper Record-Keeping & Financial Reporting
  8. Duty during Insolvency

Who should attend

  • Company Secretaries and Legal Advisors
  • Senior Management and Executives
  • Compliance Officers
  • Internal Audit and Risk Management Teams
  • Regulatory Authority Representatives

Don’t let liabilities catch you off guard. Contact us for a free consultation and discover how our Directors’ Duties under the Companies Act and FIAMLA course can safeguard your role and strengthen your corporate governance.

For inquiries or registration

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AML/CFT