Independent Director Education by Jack LAU

About This Program

This educational platform is an experimental demonstration project designed by Jack LAU. It is aimed at providing high-quality learning resources for aspiring and current Independent Non-Executive Directors (INEDs), with a particular focus on the evolving regulatory landscape governed by the Hong Kong Stock Exchange (HKEX).

Our goal is to enhance understanding of critical governance topics, fiduciary duties, and the specific responsibilities INEDs hold. This is especially pertinent given the HKEX's continuous efforts to elevate corporate governance standards, including recent revisions to the Corporate Governance Code and associated Listing Rules that emphasize the importance of INED training, qualifications, and ongoing professional development.

The lectures and quizzes provided here are designed to help INEDs stay informed about these requirements, understand best practices, and effectively contribute to board oversight and decision-making. This demo showcases the potential for a comprehensive online learning experience tailored to meet these specific needs. The author shall not be responsible for any omissions and errors.

Our Focus on HKEX INED Requirements

The Hong Kong Stock Exchange places significant emphasis on the role and quality of Independent Non-Executive Directors. Key areas of focus often include:

  • INED Qualifications and Experience: Ensuring INEDs possess the appropriate skills, character, and experience.
  • Independence Criteria: Strict adherence to criteria that define an INED's independence from management and major shareholders.
  • Board Committee Participation: Mandatory INED participation and chairmanship in key committees like Audit, Remuneration, and Nomination.
  • Continuous Professional Development (CPD): The expectation that INEDs undertake regular training to keep abreast of regulatory changes and corporate governance best practices. Our program aims to be a valuable resource for fulfilling such CPD needs.
  • Understanding of Listing Rules: A thorough grasp of the HKEX Listing Rules and their implications for corporate governance.

This lecture series, curated by Dr. Ordinary, endeavors to cover these aspects through practical examples and clear explanations, helping INEDs navigate their complex roles with confidence and competence.

Disclaimer

This website and its content represent a research and development experimental project, demonstrating the potential use of Artificial Intelligence (A.I.) in developing training course materials. The information provided herein is for informational, educational, and experimental purposes only.

The author, Jack LAU (also referred to as Dr. Ordinary for the purpose of this experimental project), takes no responsibility for the accuracy, completeness, suitability, or validity of any information on this site and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis.

The content should not be considered as professional, legal, financial, or investment advice. Users of this site are solely responsible for their interpretation and use of the information. It is strongly advised that users consult directly with the Hong Kong Stock Exchange (HKEX) for official rules, regulations, and guidance. Any decisions made based on information contained on this site are the sole responsibility of the user.