Jack Milligan

Bank Director’s latest guide for directors helps boards understand the regulatory landscape. Banking is one of the most heavily regulated industries in the U.S., and that groundwork has been laid out through decades of legislation. While bank boards aren’t directly responsible for managing the bank’s compliance program or its relationships with regulators, it still has a firm oversight responsibility.

Gain a greater understanding of the corporate secretary role at public and privately-held banks. The corporate secretary has an important governance responsibility, including ensuring a lawful governance process, the maintenance of accurate records, and compliance with regulatory and disclosure requirements. This individual’s legal duties are defined by state corporation law, securities law and stock exchange rules if the bank is publicly owned, and the bank’s own corporate bylaws.

Learn everything directors need to know about meeting agendas, minutes, board packets and more in this comprehensive guide. An effective board structure serves as the backbone to strong corporate governance, but regulators provide minimal expectations for board practices. With that in mind, Bank Director has developed “A Guide to Well-Structured Board Meetings” to guide boards in enhancing their corporate governance practices. These include:  How to control the agenda.