The Hub serves you on monthly basis with dedicated sections on continued professional learning and helps you to emerge as the “Agents for Change” in the boards. The featured stories across various sections cover regulatory updates, corporate actions and experience sharing by Independent Directors.

Setting orients you about the IICA’s capacity building initiative during the COVID-19 crisis by way of conducting a series of Webinars/Virtual Master classes etc. To take this initiative forward, a Power Talk on the “Dynamics of Independent Director Profession” was conducted on 21st July, 2020. The power talk was aimed at orienting the Independent Directors about the dynamics of the emerging profession of Independent Directorship. The deliberations and discussions were focused on their role in accordance with the laws, the tenets of the profession and the possibilities for enhancing their contribution in future. The discussions were attended by more than 350 Independent Directors of the nation.

Vignettes showcase views and learning from experienced directors and/or reputed research institutions by referring to the outcomes of their research study/report. This edition of the newsletter presents the excerpts from a recent study conducted by the Centre for Creative Leadership (CCL). The referred report study is titled as “Board Leadership in Asia”.

Regulatory Worktop, shares the key updates about the recent amendment to SEBI (Prohibition of Insider Trading) Regulations, 2015 and Introduction of Pre-packaged Insolvency Resolution Process under the Insolvency and the Bankruptcy Code (IBC). The coverage also includes the Fair Practices Code for Asset Reconstruction Companies as envisaged by the RBI.

Regulators Eye places focus on the key updates relating to SEBI’s Stepping Up Vigil against Insider Trading and SEBI’s Probing in Recent Rally in Ruchi Soya, Alok Industries. The coverage of focus spans across other updates relating to Cooperative Banks brought under RBI Supervision; Restructuring of struggling Banks by RBI without moratorium and the concerns of Indian Banks Association regarding the undermining of top executives of banks under the RBI’s Draft Governance Code.

Some other important updates as viewed by the section includes COVID forces companies to relook at Board Mix; Big four fear reputational risk as auditors resigned citing unsatisfactory responses and the glimpse of approaching of Google to CCI for approval on Rs 33,737 crore deal with Jio Platforms. The last coverage discusses NFRA’s banning of former Deloitte head from audit for 7 years over lapses at IL&FS.

Events Expo acquaints about various national and global upcoming events, programs, workshops, conferences, etc for participation of the members. Present issue is showcasing the opportunities to participate in Master class on “Planning for Disruption during Covid - 19” on 27th August 2020 to be organized by The Economic Times; and the seminar on “Addressing Socio Environmental concerns through CSR” on 14th August 2020 to be organized by Confederation of Indian Industry (CII).

At the global front, we can participate in NACD’s webinar on “Is 2020 Upending Compensation Committee Best Practices?”, 13th August 2020 and The IOD-New Zealand’s presentation on “Build your Board Career”, 13th August 2020.