THE MULTIMEDIA DATABASE FOR SUPERVISORY BOARDS OF FINANCIAL INSTITUTIONS
What is Directors Academy Financial Services Resource?
Directors Academy Financial Services is the multimedia knowledge collection for supervisory boards of financial institutions. For qualified further training & for reference. Exclusively online. The content consists of 2/3 short information videos, supplemented by written presentations and legal texts and is individually aimed at supervisory bodies of private and special banks, cooperative banks and savings banks. Designed by Germany’s leading experts, Directors Academy Financial Services is ideal for individual self-study phases as well as for blended learning.
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Shifts in the role of the supervisory board when insolvency is on the horizon
As the pandemic impacts national economies and business activities globally, banks are increasingly concerned about corporate insolvencies looming. Directors Academy Financial Services Resource has conducted an interview with lawyer Professor Dr. Georg Streit on the decisive role that supervisory boards should play in the event of insolvency and especially in the run-up to insolvency. We hear about the liability for supervisory board members in the case of insolvency, and get updated on the coronavirus crisis inspired suspension of the obligation to file for insolvency. The suspension has now been extended.
Here´s a teaser of the interview. You can listen to the full video in Lecture VII .