DATES: OCT 5-16, 2020    
         
VENUE: ILI Headquarters, Washington, D.C., USA      
       
TUITION: $4500    
       

 

 

 

 

 

Overview

This course highlights the major issues and procedures relating to the development and regulation of capital and securities markets in developing economies. Participants will discuss the major building blocks of an effective capital market and the policy environment needed to help its development. The course also includes issues related to the growing interaction of emerging markets with developed capital markets.

Course Outline

Legal, Regulatory and Institutional Framework

  • Institutional structure related to market's needs
  • Government regulation: securities laws, securities exchange commissions, central banks, ministries of finance
  • Stock exchanges: rules and regulations, self or external regulation, membership and listing standards
  • Corporate governance
  • Transparency
  • Prospectuses

Development of Capital Markets

  • Policy issues affecting development of capital markets
  • Managing risks and responding to crises in Capital Markets
  • Capital markets and housing finance

Role of Participants in Capital Markets

  • Regulators, financial institutions, accountants/auditors, government
  • Issuers of securities in capital markets
  • Investors in capital markets: individuals and institutional players
  • Professionals: brokers, dealers, underwriters
  • Financial intermediaries: commercial banks, merchant banks, mutual funds, hedge funds, insurance companies, pension funds
  • Initial public offerings (IPOs)

Typical Field Trips (selection based on availability)

  • New York Stock Exchange; Nasdaq; U.S. Securities and Exchange Commission, U.S. Federal Reserve Bank in New York; a ratings agency, such as Standard and Poors; The Depository Trust and Clearing Corporation

Course Advisor

Paul Freedman is Counsel at the AES Corporation, a global energy company. Mr. Freedman was previously Chief Counsel for Credit Programs at the U.S. Agency for International Development (USAID) and has substantial government and private sector experience in capital markets transactions in developed countries and emerging markets. He has worked on the first non-sovereign bond offerings in several developing countries, and he has played a leading role in the structuring and negotiation of USAID's partial credit guarantees for bond offerings and bank loans in over 40 developing countries.

 

 

 

DATES: OCT 5-9, 2020    
         
VENUE: ILI Headquarters, Washington, D.C., USA      
       
TUITION: $2600    
       

 

 

 

 

 

Overview

This course highlights the foundational issues in respect to the development and regulation of capital and securities markets, and comprises the first week of the Capital Markets: Development and Regulation seminar. The Foundations seminar also includes the field trip to New York where typical capital markets institutions are visited.

Participants will be exposed to selected topics based on the Course Outline listed under the “Capital Markets: Development and Regulation” seminar, depending on the final schedule, but topics could include:

Course Outline

Legal, Regulatory and Institutional Framework

  • Institutional structure related to market's needs
  • Government regulation: securities laws, securities exchange commissions, central banks, ministries of finance
  • Stock exchanges: rules and regulations, self or external regulation, membership and listing standards
  • Corporate governance
  • Transparency
  • Prospectuses

Development of Capital Markets

  • Policy issues affecting development of capital markets
  • Managing risks and responding to crises in Capital Markets
  • Capital markets and housing finance

Role of Participants in Capital Markets

  • Regulators, financial institutions, accountants/auditors, government
  • Issuers of securities in capital markets
  • Investors in capital markets: individuals and institutional players
  • Professionals: brokers, dealers, underwriters
  • Financial intermediaries: commercial banks, merchant banks, mutual funds, hedge funds, insurance companies, pension funds
  • Initial public offerings (IPOs)

Typical Field Trips (selection based on availability)

  • New York Stock Exchange; Nasdaq; U.S. Securities and Exchange Commission, U.S. Federal Reserve Bank in New York; a ratings agency, such as Standard and Poors; The Depository Trust and Clearing Corporation

Course Advisor

Mr. Paul Freedman is Counsel at the AES Corporation, a global energy company. Mr. Freedman was previously Chief Counsel for Credit Programs at the U.S. Agency for International Development (USAID) and has substantial government and private sector experience in capital markets transactions in developed countries and emerging markets. He worked on the first non-sovereign bond offerings in several developing countries, and he played a leading role in the structuring and negotiation of USAID’s partial credit guarantees for bond offerings and bank loans in over 40 developing countries.

 

  

 

DATES: AUG 31 - SEP 18, 2020    
         
VENUE: ILI Headquarters, Washington, D.C., USA      
       
TUITION: $5950    
       

 

 

 

 

 

Overview

The International Procurement program covers the institutional, legal, financial and procedural issues involved in the procurement of goods and services by public entities and discusses reform programs to improve transparency, efficiency and accountability. It provides participants with a detailed analysis of the project-procurement cycle including a full presentation of the procurement policies of international financial institutions (IFI) such as the World Bank, and comprehensive coverage of the open tender system. The seminar incorporates the recent developments in procurement policy undertaken by the World Bank, African Development Bank and other regional multilateral financial institutions.

 

Course Outline

 

Public Procurement Reforms

  • Reform programs and approaches to enhance transparency, efficiency, integrity and accountability

 

National Procurement Laws and Institutions

  • Differing approaches under common law and civil code systems
  • UNCITRAL model law
  • Transparency and accountability; ethics and corruption

 

 

International Procurement

  • Procedures of international financial institutions such as World Bank, AfDB, ADB, IDB, etc.

 

Procurement Planning

  • Role and objectives
  • Policy and institutional aspects
  • Project cycle: procurement issues
  • Procurement process under goods, works and PPP
  • Budgeting, budget utilization and monitoring

 

Selection of Consultants

  • Procedures of IFI
  • Terms of reference, evaluation of proposals, QCBS, QBS
  • Contracts: lump sum, time-based

 

International Competitive Bidding (ICB)

  • Objectives, principles, and key features
  • The bid package: preparation and scheduling
  • Bid advertising and prequalification
  • Preparation of bidding documents
  • Bid examination, evaluation, and award

 

Other Methods of Procurement

  • Limited/restrictive international bidding, national competitive bidding
  • Direct purchase, shopping
  • Internet bidding, electronic procurement
  • Green Procurement
  • Versatile and adaptive procurement

 

Contract Administration

  • Principal types of contracts, terms, and guarantees
  • Negotiation techniques
  • Dispute avoidance and resolution
  • Oversight and monitoring
  • Performance-Based Contracting

 

Course Advisor

Bernard Becq is the World Bank´s former Chief Procurement Policy Officer, Head of the Procurement Policy and Services Sectors Board. Today Dr. Becq works as an independent consultant with more than 35 years of experience. Dr. Becq´s experience includes working with French development agencies, in particular, he was the Deputy Chief of the International Consulting Firm of ENPC, and Project Officer and Adviser to the President at Agence Coopération et Aménagement (ACA). Dr. Becq holds graduate degrees in Mathematics from Paris VI University and in civil engineering from ENTPE in Paris, France, and a Master degree in Urban and Regional Planning from the University of Southern California (USC), in Los Angeles, USA, where he also completed post graduate work (PhD ABD).

 

DATES: SEP 21 - OCT 2, 2020
   
         
VENUE: ILI Headquarters, Washington, D.C., USA      
       
TUITION: $4200    
       

 

 

 

 

 

Overview

This seminar focuses on skills necessary to sustain a modern legislature. Elected officials and legislative staff at the National, State, and International level are ideal candidates for this seminar. Legislatures work under constant pressure to enact laws and review national policies efficiently and effectively in an ever-changing and complex environment. Working in this environment requires close attention to how the process is managed and how the institutions function. The focus of this seminar will be organizational structure and practical techniques for managing legislative institutions. Considering the ILI’s location in Washington, DC, references and site visits will be made to the U.S. Congress and a State Assembly.

Course Outline

  

Role of Legislative Staff

  • The relationship between career and political staff appointments
  • Effective allocation of staff to support member offices, committees, leadership and administrative services

 

Legislative Organization

  • Comparative analysis of legislative and parliamentary models
  • Review of unicameral and bicameral structures
  • How to work with leadership offices and through committees
  • How can the legislative branch have a more productive relationship with the executive branch?

 

Legislative Support Offices

  • Budgeting, staffing and training
  • Determining what legislative support offices are appropriate for a specific country or state; e.g. research, legislative drafting, committees, administration and members' offices

 

Site Visits

  • United States Congress
  • Library of Congress
  • State legislatures in Washington, DC area

 

Course Advisor

H. Stephen Halloway is the Director of ILI's Center for Comparative Legislative Management. He has over 35 years of experience in senior legal and policy positions in the U.S. Government, the U.S. Senate, the United Nations and the Inter-American Development Bank. He was Chief Regulatory Officer for the U.S. Department of Commerce and a civil rights attorney in the U.S. Department of Justice. He is co-founder of the Multilateral Procurement Group, an informal steering committee of multinational companies and consultants regularly doing business with the MDBs and UN.

 

 

DATES: AUG 31 - SEP 11, 2020    
         
VENUE: ILI Headquarters, Washington, D.C., USA      
       
TUITION: $4200    
       

 

 

 

 

 

Overview

This seminar is designed to introduce participants to the strategies, approaches and tools for developing effective country public procurement systems. It highlights the essential aspects of a well-designed country procurement system covering legal, institutional, operational, professional, and transparency aspects. It approaches the public procurement system of a country as part of its governance framework, looking at transparency and accountability within policies, legislation and regulations. Recently, the World Bank, African Development Bank, and the Asian Development Bank have changed their procurement frameworks. Such developments are a testimony to the increased reliance on the use of countries’ institutions and systems. Utilizing a country´s own procurement system strengthens its capacity to sustainably define, execute and account for its policies.

Course Outline

Overview of Public Procurement Reform and Country Procurement Systems

  • Role and importance of public procurement in governance
  • Examination of trends in public procurement reform and implementing strategies
  • Assessing public procurement systems: Methodology for the Assessment of Procurement Systems (MAPS)
  • Risks in procurement and accountability, procurement audits

Legislative and Regulatory Framewor

  • Main components of legal and regulatory framework for a public procurement system
  • UNCITRAL Public Procurement Model Law
  • Anti-corruption, integrity and ethics, Code of Ethics, and the United Nations Convention against Corruption (UNCAC)
  • Sustainable procurement and socio-economic considerations
  • Trade and economic integration in public procurement and the Government Procurement Agreement (GPA)

Institutional, Operational and Organizational Resource

  • Main institutional, operational and organizational issues in a public procurement system
  • Informational systems and management
  • Collection and reporting of data on procurement activities

Professional Procurement Workforc

  • Main features of a professional workforce for a public procurement system
  • Designing and institutionalizing public procurement curricula and training 
  • Establishing performance incentives and performance reviews

Introducing new Procurement Policies and Practice

  • Strategy for implementing e-procurement
  • Innovative procurement methods, framework agreements and e-Reverse Auctions

Course Advisors

Sabine Engelhard is a lawyer specialized in procurement whose career focus has been in international development, capacity building and governance-related issues. She held various senior positions at the Inter-American Development Bank (IDB). She also worked at the World Bank, with a prominent international law firm, and headed the Washington office of an international consulting firm. Sabine has been involved in high-profile initiatives with the World Trade Organization (WTO) and the Organisation for Economic Cooperation and Development (OECD), to strengthen country procurement governance. Today Ms. Engelhard consults for different international organizations. She is an independent expert with the United Nations (UN) Award-Review Board, advising on procurement challenges resolution. She is a course advisor and a lecturer at the International Law Institute (ILI) in Washington DC, and lectures in the Procurement Master’s Program of the International Training Center of the International Labour Organization (ITC/ILO) in Turin, Italy. She holds master-level and post-graduate degrees in Law, International Relations, and European Studies.

Bernard Becq is the World Bank´s former Chief Procurement Policy Officer, Head of the Procurement Policy and Services Sectors Board. Today Dr. Becq works as an independent consultant with more than 35 years of experience. Dr. Becq´s experience includes working with French development agencies, in particular, he was the Deputy Chief of the International Consulting Firm of ENPC, and Project Officer and Adviser to the President at Agence Coopération et Aménagement (ACA). Dr. Becq holds graduate degrees in Mathematics from Paris VI University and in civil engineering from ENTPE in Paris, France, and a Masters degree in Urban and Regional Planning from the University of Southern California (USC), in Los Angeles, USA, where he also completed post graduate work (PhD ABD).