Seminar Overview
From April next year, town councils will have to abide by a new code of governance which aims to promote greater transparency and raise standards of management. The code was launched on Wednesday (Jun 19), said the Ministry of National Development (MND), adding that it will take effect from FY2020 (Apr 1, 2020) to give town councils time to implement it. Town councils must declare their compliance with the code and submit a checklist to MND annually. “The code provisions set out best practices which TCs (town councils) are encouraged to adopt, through a comply-or-explain regime,” said the ministry. The guidelines cover four main areas – council effectiveness, internal controls and processes, financial management, as well as vendor management.
Objective
To provide an insight into the Town Council Code of Governance 2020 and its implications.
Seminar Agenda
- Introduction: Objectives of Town Council and its evolution
- The role of Town Council
- Financial Management and processes
- Procurement
- Code of Governance 2020, importance & its implications
Speakers
- Professor Yu Shi Ming (NUS, Head of “Department of Real Estate”), one of the seven-member advisory panel set up to help town councils develop a code of governance (source: https://www.straitstimes.com/singapore/mnd-engages-panel-for-new-code-of-governance-for-town-councils)
- Paul Chong Yew Tuck (EMS, General Manager for “IA & ERM”)
Date & Time
2 sessions, both on Saturday: 16 Nov 2019 & 23 Nov 2019
2 to 5pm
Venue
EM Learning
6 Tampines Street 92
#01-06/07
Singapore 528893
TEL: (65) 6958 3499
Fees
S$120 list price
S$100 for early bird register before 4 Nov 2019
S$80 for group registration of more than 5 participants
*All prices quoted are excluding GST