Executive Programs

Newsletter n°29 - January 2015

Our courses are held on campus on Wall Street, the Heart of the economic and financial center of the world.

Courses are typically held over 5 days, including a day partly devoted to visit Wall Street, an investment bank or a hedge fund, or an American business law firm.

All our courses are available in French or English or a mix of both, depending on the needs and wishes of participants and corporate clients.
A variant of this training takes place over three days with two days devoted to more intensive training or Business English Financial English.

Of course, we adapt to the demand of our customers with the in-house training available.

The evenings are free and participants benefit from Manhattan, shows and Broadway shows, restaurants and the thousand distractions of the city that never sleeps.

The average net price is: $ 1,000 per person per day.

Click here to view our Catalog, with all our training courses for the coming year.

VIDEO - Executive Programs

Our best wishes for 2015!

   I would like, in my name and in the name of the New York Institute for Business and Finance, to wish you all a happy and stimulating new year, filled with personal joy and professional success.
   The new year is a chance to prepare for 2015.
These twelve months have brought a lot of changes, in our lives, certainly, but also at a global scale, with for instance the rise of China as the largest economy in the world.
   These news create new challenges for 2015.
This is why we designed specific trainings, tailored to transform these challenge in opportunities.

   I wish you all a very happy New Year.

Prof. Olivier Chazoule
Professor of financial law
Director of Studies NYIBF

Executive Training in Finance

China, the new global financial challenge

Finance and treasury management with China
It’s official, China is the largest economy in the world. Understand the impact of the new financial powers of China. Yuan, constraints and opportunities; relationship with the dollar and other key currencies such as the Euro. Conversion, exchange rates, trends and prospects, regulatory issues. How to Manage Yuan Renminbi and Hong Kong Dollar?

This is the subject of our specialized cash management training:

Financial transactions and treasury management (5 days)

International regulations for business and payments with China
Using offshore financial platforms for the payments to Chinese companies is a major issue in charge of serious legal and financial consequences for your company. You have to stay compliant with the major domestic and international financial regulations and at the same time stay competitive in a market where a big chunk of international payments to and from China are made through offshore places.

Indeed, many international companies doing business with China are being asked to channel their payments received and paid by offshore companies. It is a common habit. However, these transactions can be worrisome. That is why it is essential to know the legal framework of China, the U.S, the E.U., as well as the international regulations and the regulations of the major states in the world regarding the use of offshore places for international transactions.

Anti-Money Laundering, tax regulations, transfers, payments and international regulations with China (5 days)

Chinese sources of funding for your business
International corporate finance is now wider. Simultaneous listing on different stock markets for multinational companies is allowed and largely used. It authorizes under certain legal conditions and financial volumes companies to introduce their stocks on different places and raise bonds even more broadly. China has so far been focused on its own financing needs in the financial centers of Shanghai and Hong Kong, but is looking at a broad and quick expansion.

We should not forget that the great American housing boom of 2000-2007 was made possible by the consumption of US households, itself made possible by the massive buying by the Chinese of more than $ 2 trillion debt (two trillion dollars) from the US Treasury in the form of Treasury bonds. This massive injection of liquidities by the Chinese authorities and companies was made possible by the huge financial surpluses generated by Chinese companies. For ten years the money was also invested heavily in foreign companies and real estate in New York, Paris, London, as well as in other world capitals. IPOs in New York companies like www.alibaba.com show that financial dynamism is adamant to Chinese companies and joint ventures abroad.

This is good for your business. To benefit fully from this opportunity, it is still necessary to know how to attract Chinese investments and what financial instruments are available to raise Chinese funds. The purpose of this training is aimed at managers and CFOs of your business:

Chinese sources of funding for your business (5 days)

Executive Training in Law

Limiting, preventing, and controlling the financial risk. Anti-Money Laundering measures.

The legal risks associated with exposure to international trafficking of illegal money grows exponentially.
It is imperative to be able to distinguish the pure financial risk one would be committing into when knowingly involved in international transfer circuits, and the pure legal risk in omitting information on regulation on international or domestic law even without committing an offence.

Often, the breach of an Anti-Money Laundering financial rule constitutes an offense without even that a fraud has been committed.
It is like getting a ticket for speeding, even slightly: there doesn't need to be an accident in order to receive penalties for breaking rules.

However, Anti-Money Laundering measures are implemented by the Ministry of Finance, TRACFIN or European authorities in Brussels and Luxembourg, the American federal authorities, the South American Finance government bodies, the Chinese financial and administrative authorities, and under the auspices of the UN, the World Bank, IMF, and market authorities in different countries. They have international jurisdiction, even though their policies are all specific to their organizations.

We have developed training courses to address these issues, knowledge of the mechanisms, risk prevention and implementation of control systems.

Among them:
• National and international Anti-Money Laundering
measures (3/4 days)
• Knowing the basics of Anti-Money Laundering (4/5 days)
• Creation and Implementation of a legal AML plan (4 days)
• International Anti-Money Laundering (5 days)
• International taxation (4 days)

Our team of international lawyers and law professors, and tax experts, provide this training.
They are available in several languages. Our trainers are mobile.
Moreover, we create customized training tailored to the specific, immediate needs of your business.
Our team of training consultants then help you implement permanent processes, adaptable, flexible and precise, monitoring and managing anti-money laundering measures

Our highly developed network of international lawyers and experts specializing in international aid you then permanently maintained to a very high standard of expertise with a cost tailored to your structure.

Crisis Management

In a crisis situation the company faces simultaneously several parameters:
• The element of surprise
• The urgency
• The severity
• The threat to business
• The need to quickly (sometimes almost instantly) make life decisions

The company has to manage relationships at the same time and very quickly with:
• Employees
• Clients
• Shareholders
• Press and media
• Competitors
• The administrative, financial, and political authorities
• The general public
• Social networks
• The website in general

In the recent case of the BNP and U.S. financial authorities, there have been several phases and reactions were fast and sometimes good, sometimes delayed and with serious consequences.
For example, in the early crisis phase, the company is sometimes in position to anticipate what will happen, such as a heavy fine by U.S. financial authorities, or the European Commission in Brussels and the China Securities Regulatory Commission.

They could also anticipate insider trading, discovered 18 months earlier which is the subject of an investigation by the authorities since that date, and will be publicly qualified, authors exempt or prosecuted, civilly and criminally.

Perhaps even a dangerous or defective product is known and an inquiry should make its findings public on the total or partial responsibility for the company.

This early warning time should be fully used to prepare explanations and more generally a policy of all-round communication both effective and controlled.

Management and control of the consequences of the crisis can be also heavily optimized.
At the heart of the crisis several tactics and strategies are possible. They depend on the circumstances but especially when it's possible to the level of anticipation of giving rise to the crisis and the level of preparedness of managers.

The company should have a team that specializes in crisis management and also rely on external advice. Further, the company knows and appreciates those who can work from the external to the internal structures of the company and support them in their effort.
Finally exit strategies can be plentiful, but also risky. That is why an assessment and planning based on a real modeling of the crisis is important in order to be effective and provide lasting results.

This is what we teach and developed in our training Crisis Management which takes place over 5 days in New York, in English or French. Minimum 7 participants.

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