Issue link: https://maltatoday.uberflip.com/i/1371271
13.5.2021 6 OPINION NON-EXECUTIVE Directors play an important role in ensuring there is ap- propriate governance for banks in Mal- ta. With governance being a critical part of the regulatory assessment of a bank by the MFSA, the Authority, organised a webinar for Non-Executive Directors and professional advisors on the regu- latory expectations of Bank boards. e event was attended by over 150 attend- ees including Non-Executive Directors of credit institutions and managers of consulting firms. e online event was addressed by David Eacott – Head, Banking Super- vision, MFSA with the participation of Nicholas Dexter - Senior Advisor, Prudential Authority UK and Anne Fröhling - Head of Division, DG SPL - Institutional & Sectoral Oversight, Eu- ropean Central Bank who also took part in a fireside chat with Laragh Cassar – Non-Executive Director, APS Bank and Christian Farrugia – Non-Executive Di- rector, Merkanti Bank. Commenting on the event, David Ea- cott said, "Banks play an important role in society and our economy. Running them well so they treat their customers fairly and avoid financial failure is the responsibility of the boards. rough this webinar, the MFSA is providing an opportunity for directors to understand how we evaluate their performance in delivering these outcomes." e webinar addressed various sub- jects including the role of the Non-Ex- ecutive Director in business plan- ning and stress testing, the role of the Non-Executive Director in the over- sight of a three lines of defence model, the MFSA's minimum engagement level for banks and interviews with Non-Ex- ecutive Directors, and AML challenges facing banks and expected standards. e webinar also featured several presentations by members of the MF- SA's Banking supervision team: Ilias Georgakopoulos, Nikolaos Grapsas, Ruth Grioli, Anton Mahkats, Caroline Porter, as well as by Kurt Spiteri Lucas and Eric Micallef from the Financial Crime Compliance team. e webinar is part of the MFSA's ongoing stakeholder outreach pro- gramme, which has shifted online to offset the challenges presented by the COVID-19 pandemic. The role of non-executive directors in ensuring appropriate governance for banks JAYE partners with Oxford College of Marketing David-Eacott, head of banking supervision AS part of JAYE's commitment to provide its achievers with cutting edge training, Junior Achievement Young Enterprise (JAYE) Malta Foundation has partnered with the Oxford College of Marketing to provide additional bite-size courses in sup- port of its Learning by Doing programmes for its StartUp (19-30) and Company Pro- gramme (16-18) participants. From 2021, the Oxford College of Mar- keting (OXCOM) will be working in part- nership with JAYE to provide a series of short courses in business and marketing. e courses are made available through OXCOM's online platform, through which students are given access to a series of on-demand sessions to work through at their own pace. Course titles include: What is Marketing & Understanding your customers?, Practi- cal Digital Campaign Planning, Introduc- tion to Content Marketing, Compelling Copywriting for Marketers (Beginners), Social Media Marketing 101, Brand Strat- egy and Selling virtually – A New Reality. On its part, the Oxford College of Mar- keting, said it is proud to have partnered with JAYE through an Memoradum of Un- derstanding (MOU), thereby joining JAYE's prestigious list of educational sponsors. OXCOM said it is confident that this is a good start to concretely support JAYE to- wards achieving its key objective of equip- ping young people with the employment and entrepreneurial skills and confidence needed to succeed in their careers and bright futures. More information about JAYE Malta may be obtained via the website. JAYE Malta Foundation CEO Fiona Captur, JAYE Malta Foundation Chairman Chris Vassallo Cesareo and Oxford College of Marketing representative Louis Olivieri