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HIGHLIGHTS


Dear Members,
 
Welcome to the start the second quarter of the year, sometimes referred to as the AGM season. SID is pleased to work with Singapore Exchange Regulation and Securities Investors Association (Singapore) to update the Guide on Best Practices for Shareholder Meetings of Listed Companies. This revised guide seeks to enable shareholders to participate and reduce the AGM crunch.
 
In the meantime, the Institute continues to roll out initiatives to support members on their directorship journey, providing resources and opportunities to increase knowledge, hone skills and widen networks.
 
To gain insights on how board directors can combat the rising tide of fraud and scams, read our Q2 2024 issue of the SID Directors Bulletin. Themed “Fraud and Scams”, this edition covers a breadth of topics including tactics employed by fraudsters and risks posed by emerging technologies like generative AI. Learn what countermeasures are available to organisations and what directors can do to increase their knowledge on cyber security. The SID Directors Bulletin is available as a flipbook, and accessible only by SID members.
 
For members who are first-time appointees of an SGX-listed company board or are preparing to join one, sign up for the upcoming modules of the Listed Entity Director programme. The programme, which is supported by the Singapore Exchange, comprises five core modules and four elective modules on the range of regulatory compliance and corporate governance matters of listed companies in Singapore. Check out the upcoming dates here.
 
Aspiring directors can now register for the second cohort of SID’s flagship Board Readiness Programme which commences in July 2024. Featuring knowledge modules, board simulations and mentorship, the year-long programme takes a holistic approach in equipping senior corporate leaders with fundamental knowledge and skills to be a board director. Find out more here.
 
Members in the charities and nonprofit sector can look forward to joining the Essentials of Nonprofit Board Leadership, part of our  Governance for Outstanding Organisation Directors (SGOOD) programme. All exempt, registered charities and Institutions of a Public Character can apply for the Charities Capability Fund, subject to approval.
 
There are also other learning sessions such as Current Topics, a series of talks, forums, roundtables, workshops and panel discussions on current topics of interest to directors. Look out for Dealing with Distress, Navigating Personal Data Protection and Data Breaches and Stay Ahead of the Game: Navigate GST Changes and more this quarter.
 
To help members widen their professional circles, there are a number of events planned for the quarter including a Members Networking Event on 16 May. The Family Business Group will be holding their first networking event of the year with the theme of “Best Practices for Family Business Boards”. To get notified of events organised by chapters and networks, indicate on the preference tab in your member profile page the SID chapters and networks you would like to join. There is no joining fee or limit to the number of chapters or networks members can join.
 
Finally, we are delighted to share that Ms Indranee Rajah, Minister in the Prime Minister’s Office and Second Minister for Finance and National Development, will grace the occasion of the launch of the SID Director Accreditation Programme on 10 May 2024. The event, which will feature a fireside chat moderated by immediate past SID Chair Ms Wong Su-Yen, will be live-streamed on SID’s LinkedIn page. Members are welcome to join the event virtually by visiting the page from 10am. No registration is required.
 
Here are more events we’ve lined up for the months ahead for our members:

  • 10 May: Launch of the SID Director Accreditation Programme
  • 12 July: SID Golf Tournament
  • 1 August: Singapore Governance and Transparency Forum
  • 15 August: Members Networking Event
  • 1 October: SID Directors Conference
  • 17 October: Corporate Governance Roundup and Annual General Meeting
  • 14 November: Members Networking Event

We look forward to your continued participation.

Yours in directorship,

Yeoh Oon Jin, FSID
Chair, SID

Terence Quek, BBM, MSID
CEO, SID

   
 


Members Networking Session

16 May 2024 | 5.00pm – 6.30pm | Alter Ego @ Esplanade

Join us at our upcoming Members Networking Session at Alter Ego Esplanade on 16 May 2024. Connect with fellow SID members over casual food and drinks. Enjoy an unrivalled view of Marina Bay from this waterfront venue. We eagerly await the pleasure of meeting you soon!

REGISTER NOW!
 


SID Golf Tournament 2024

12 July 2024 | Sentosa Golf Club, Tanjong Course

We are pleased to host the 23rd edition of the SID Annual Golf Tournament. As a not-for-profit organisation, this is a networking activity to raise funds to support our work in championing excellence in corporate governance. The occasion brings together the directorship community and celebrates camaraderie and sportsmanship on and off the course.

We invite you to be a sponsor for this event, and have a host of exciting sponsorship opportunities for your consideration.

FIND OUT MORE!



UPCOMING EVENTS


       


Best Practices for Family Business Boards: A Networking Event
25 April 2024

Join us at this informal networking event organised by the SID Family Business Group, where you will have the opportunity to exchange expertise and insights with fellow current and aspiring board members of family businesses. Connect with like-minded individuals, foster new relationships and deepen your understanding of the nuances within family business dynamics. Don't miss out on this chance to expand your network and broaden your perspective within the family business community.
 
Navigating Personal Data Protection and Data Breaches
2 May 2024

Data breach is no longer a question of “if” but “when”. Board directors have to address personal data protection and the potential impact of data breaches on their organisations. In this interactive workshop presented by SID and IMDA, industry experts will provide insights into how PDPC guidelines can help companies prevent and manage data breaches. Participants will experience a data breach simulation to better prepare them to face such incidents at the board level.


REGISTER NOW!

   
REGISTER NOW!
       


Stay Ahead of the Game:
Navigate GST Changes
10 May 2024

With GST as the third largest contributor to Singapore’s tax revenue, IRAS is stepping up its audit efforts to ensure GST compliance. This session is focused on enhancing directors’ financial literacy around GST changes and the self-assessment system. Using case studies, presenters will highlight common pitfalls and the importance of early detection, as well as recommend strategies to leverage available GST schemes to manage cashflow in import arrangements.
 
Board and Director
Fundamentals
4 – 5 June 2024

This course provides a broad-based understanding of what corporate directors need to know with regards to their duties, responsibilities and liabilities, and how they can be effective as directors. The course is designed for directors of companies incorporated under the Companies Act in Singapore. Participants will be introduced to the regulatory and corporate governance landscape in Singapore and learn about the key components of effective board leadership.

REGISTER NOW!
 
REGISTER NOW!
 


View more Courses and Events




FEATURED PUBLICATIONS




       


SID Directors Bulletin
Curbing Cyber Risk with AI-Powered Governance

As the promise of artificial intelligence (AI) unfolds, so does its perilous shadow. AI not only empowers but endangers – amplifying cyber fraud. Collaboration and vigilance are the greatest weapons against the encroaching darkness of AI-enabled deception.

 

SID Directors Bulletin
The Rise of AI in Cyber Attacks and Defence

AI is increasingly harnessed in both offensive and defensive capacities in cyber warfare. While cyber criminals are using sophisticated algorithms to mount and scale up attacks against organisations and individuals, AI can also be used to keep out malicious actors.

READ MORE
  READ MORE
 


PARTNERS’ HIGHLIGHTS


Asia Pacific Legal Congress 2024
Singapore Corporate Counsel Association

23 – 24 April 2024 | 8.30am – 5.30pm | One Farrer Hotel

 

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