Education Seminar

2013 Directors Certification Program
Session 2: 5/14 in LA & 5/16 in SF (Session 1 Now Available as Downloadable Audio File)

You can still get your certification by enrolling for Session 2 and getting a link to download the audio file.

Financial services regulation is changing rapidly and dramatically.  Bank directors can no longer risk passive internal oversight of their banks. The Dodd Frank Act has increased the Board’s responsibility for overseeing management decisions and protecting shareholder value. An ambitious agenda of government regulation is being implemented and will impose further duties on bank directors.

The Directors Certification Program was developed as a collaborative effort between the California Bankers Association and the Bankers’ Compliance Group, Inc (BCG). It is updated every year to reflect the most recent developments and legislation to include the new risks and responsibilities bank directors are faced with.

The two-session program, delivered on two separate days and available in two locations, covers not only the regulatory and fiduciary responsibilities of bank directors but also board structures and processes, and focuses on what makes boards and directors effective as well as what is expected of them by regulators, examiners and shareholders.

To receive certification directors must attend both sessions, either in-person or via CD training.

Location Information

Los Angeles – Session 1: March 5, 2013 & Session 2: May 14, 2013

W Los Angeles – Westwood
930 Hilgard Ave
Los Angeles, CA 90024
(310) 208-8765

A room block has been arranged with a rate of $259/night.  Please contact the hotel directly to arrange at (877) 946-8357 by February 24 for Session One and May 4 for Session Two. 
For last minute reservations for Session One – please contact Vicky Morales at or 310 443 8235.

San Francisco - Session 1: March 7, 2013:

The Westin St. Francis
335 Powell Street
San Francisco, CA 94102
(415) 397-7000

A room block has been arranged with a rate of $249/night.  Please contact the hotel directly to arrange at 1-800-westin1 and reference the California Bankers Association by February 4. 

San Francisco - Session 2: May 16, 2013

Palace Hotel
2 New Montgomery
San Francisco, CA 94105
(415) 512-1111

A room block has been arranged with a rate of $249/night .  Please contact the hotel directly to arrange at (888) 627-7196 by April 15. 


The Directors Certification Program is designed for new directors, including directors new to banking, and experienced directors looking for a refresher on core director responsibilities and liabilities.

Registration Fees

Fees are for both sessions; or the downloadable file from Session One and Session Two.

Early Bird Registration (by February 11)
Member – $1,200 (live); $1,400 (downloadable file)
Non-member – $1,500 (live); $1,700 (downloadable file)

Regular Registration
Member – $1,350 (live); $1,550 (downloadable file)
Non-member – $1,650 (live); $1,850 (downloadable file)

Cancellation Policy

Substitutions are allowed at no additional cost.

Written notification is required for all cancellations. The full registration fee will be refunded if the request is received by February 11, or 50% if by February 21. No refunds will be granted after February 21. Registrations made after February 21 are not subject to refund. (The option to purchase the downloadable file for $100 per session will remain open after the refund cutoff dates.)

Scheduled Speakers

Lead by Mark E. Aldrich, Esq. principal of Aldrich Bonnefin & Moore, PLC and founder of the Bankers’ Compliance Group, with James Lokey, Chairman, Mission Community Bank and William Haraf, Managing Director, Promontory Financial Group, LLC and former Commissioner of the Department of Financial Institutions, as the faculty of the program .


Continental breakfast & registration 7:30am – 8:30am; general session 8:30am – 3:30pm.  Lunch is provided at noon.
Roles and Responsibilities of Directors

  • Fiduciary Duties and Responsibilities
  • Current Risk Management Issues
  • Duties under New Federal Programs
  • What Examiners Expect

Corporate Governance

  • Recommended Best Practices
  • Executive Compensation Trends
  • Idemnification and Insurance
  • The Independence Principle

Board Processes

  • Board/Management Relations
  • Board Meetings
  • Recommended Committees
  • Enterprise Risk Management
  • Ethics and Conflicts of Interest

Shareholder Relations

  • Shareholder Meetings and Reports
  • Securities Matters
  • Insider Trading
  • Mergers and Acquisitions

Insider and Affiliate Transactions

  • Conflicts of Interest
  • Regulation O
  • Regulation W

Corporate Powers and Restrictions

  • The Changing Face of Financial Services Regulation 
  • The Dodd-Frank Wall Street Reform and Consumer Protection Act
  • Permissible Activities

Regulatory Compliance

  • New Board Responsibilities
  • Consumer Financial Protection Bureau
  • Annual Review Requirements
  • Current Compliance Issues

Regulatory Exams and Enforcement

  • Examination Process
  • Enforcement Actions
  • Prompt Corrective Action
  • Survival Strategies
  • Top Ten Risk Management Issues


What happens if I miss one of the sessions, can I still get my certification?
Downloadable Audio files are available for purchase, the cost is $100 per session.

Are continuing education credits offered for this program?
5.5 MCLE or CPA/CPE credit hour are awarded for each session.