Global cs

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Global cs

  1. 1. Global Company Secretary PAVAN KUMAR VIJAY, PRESIDENT
  2. 2. Global Future <ul><li>Common Business Law and Procedures </li></ul><ul><li>Standards Corporate Governance Practices and Disclosure Standards </li></ul><ul><li>International Secretarial Standards </li></ul><ul><li>Harmonisation of Services rendered by Company Secretaries </li></ul><ul><li>Easy Compliance and Impossible Non-compliance </li></ul><ul><li>International Networking and development of Multinational Company Secretarial Firms </li></ul>
  3. 3. Emerging Need of Company Secretaries <ul><li>Need for Good Corporate Governance </li></ul><ul><li>Adherence to Law and National Policies </li></ul><ul><li>Advisory to Board on their statutory role, duties and accountability </li></ul><ul><li>Advisory to top management on Legal and Strategic Matters </li></ul><ul><li>Conscience Keeper of Corporates </li></ul>
  4. 4. Global CS - Common Issues <ul><li>Ignored Identity in UN CPC (Central Product Classification)/ WTO Classification </li></ul><ul><li>Negligible Cooperation between Company Secretaries Institutes Worldover </li></ul><ul><li>Different Legal Status of Company Secretaries Across Countries </li></ul><ul><li>Different Qualification Standards </li></ul><ul><li>Diverse Corporate Governance Practices </li></ul>
  5. 5. Global CS - Common Issues <ul><li>Misinterpretation of word “Secretary” </li></ul><ul><li>Many Interchangeable Designations </li></ul><ul><ul><li>“ Company Secretaries” </li></ul></ul><ul><ul><li>“ Chartered Secretaries” </li></ul></ul><ul><ul><li>“ Corporate Secretaries” </li></ul></ul><ul><ul><li>“ Certified Public Secretaries” </li></ul></ul>
  6. 6. There is need to work out DISTINCT BRAND
  7. 7. The Strategy Setting up Apex Body of Company Secretary Institutes Worldover for Promotion and Development of Company Secretaries Profession
  8. 8. Proposed Name of Apex Body International Federation of Company Secretaries Institutes (IFCSI)
  9. 9. Proposed Principal Objectives of the IFCSI <ul><li>Promotion and Development of Profession </li></ul><ul><li>Assistance in establishing CS Institutes in countries not having such Institutes </li></ul><ul><li>Cooperation with institutions/ bodies engaged in furtherance of cause of good corporate governance </li></ul><ul><li>Developing Global Research Centre and Global Knowledge Warehouse – a platform for sharing knowledge </li></ul>
  10. 10. Proposed Principal Objectives of the IFCSI <ul><li>Common designation of Company Secretaries </li></ul><ul><li>Common Code of Ethics and disciplinary action process </li></ul><ul><li>Standard mechanism for dispute resolution between members </li></ul><ul><li>Secretarial Standards for harmonising diverse secretarial practice across the globe </li></ul><ul><li>Standardisation of Curriculum and Qualification Standards </li></ul>
  11. 11. The Progress So Far <ul><li>Matter deliberated at the Council </li></ul><ul><li>We started the dialogue on formation of the IFCSI with CS Institutes Worldover </li></ul><ul><li>Positive response received from many Company Secretaries Institutes worldover </li></ul><ul><li>Communication with ICSI Members abroad to identify the opportunities in foreign countries </li></ul>
  12. 12. Till we form the IFCSI We can: Share knowledge Exchange Publications Hold Joint Programmes
  13. 13. With coming together of all Company Secretaries Institutes Worldover
  14. 14. we will always SHINE GROW Prosper
  15. 15. Thank You

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