Governance professionals ‘fulfil an essential role’

GOVERNANCE professionals play a vital role in preserving Guernsey’s global reputation as a leading international finance centre, according to the president of the local branch of ICSA, the Governance Institute.

sarabourne
ICSA chairwoman Sara Bourne won the first award at the first ICSA Guernsey awards evening. She was presented with the Governance, Risk and Compliance Award by ICSA CEO Simon Osborne.

Sara Bourne was speaking at the institute’s annual dinner and first awards ceremony.

‘Governance professionals fulfil an essential role, protecting assets and helping organisations and individuals meet their financial goals.

‘The importance of this vital role cannot be stressed enough,’ she said.

‘Working as a governance professional requires skill and knowledge as the finance industry can be a complicated beast.

‘With ethical behaviour a must, the governance frameworks that they create must allow companies to navigate the regulatory and legal hurdles in the most efficient and moral way possible.

‘Guernsey’s international standing as a safe place to do business is reliant on transparency and accountability, and governance professionals make sure that this is possible.

‘They have in-depth knowledge of Guernsey’s sophisticated system of capturing ownership information and are well versed in the various global standards of practice that companies in Guernsey and other jurisdictions need to meet.’

Comments for: "Governance professionals ‘fulfil an essential role’"

Oskar

It irked me that nowhere in this Guernsey Press article did it say what ICSA stands for, so I decided to look on the 'ICSA, The Governance Institute' website - and it doesn't seem to say there either! Perhaps it is a 'need to know' basis and there are apparently at least 400 people on Guernsey who do, but for the ordinary lay reader of the Guernsey Press it remains a mystery.

Trevor Hockey

International Conmen & Silly Arses perhaps.?

Paul

Why is it that these 'professional ' organisations never seem to attract the brightest stars to their ranks. It seems that only those with a lot of spare time and a ego to massage want to be publicly involved.

RobB

Institute of Chartered Secretaries and Administrators.....it's quite popular locally ;-)

Rokayne

It was chartered in 1898 and the Queen is its patron. Somehow, Trevor, I don't think the Queen would want to be associated with your group of international conmen and silly arses - unless you know something more than I do?

Trevor Hockey

Rokayne

I don't know, there are many people in politics today where that description would fit perfectly.?

International Conmen, what about the British former Prime Minister who took us to war over weapons of mass destruction that didn't exist.?

Personally I think Prince Philip is superb and his definitely non PC humour appeals to me.

Rokayne

And Paul - are you saying that the Queen isn't one of the brightest stars?

Paul

Is that a picture of the Queen?

Rokayne

Sorry, I've just been corrected - the charter was given 125 years ago in 1891

Oskar

I refer to my earlier comment - namely that nowhere in this Guernsey Press article or on the 'ICSA, The Governance Institute' website does it say what ICSA stands for. It may be that it is the Institute of Chartered Secretaries and Administrators and that it's quite popular locally, but the Press shouldn't assume that every reader knows that.

RobB

https://www.icsa.org.uk/legals

:-)