This seminar will bring together the representatives of supervisory authorities and the banking and insurance industry to exchange their practices in relation to the application of internal governance rules. In particular, the seminar will provide participants with ample opportunities to examine market surveillance practices followed by supervisors, and different governance arrangements adopted by companies to satisfy supervisory requirements. Practical workshops and case studies should enable participants to gain a thorough insight into existing best practices, casting more light on concrete problems within the governance framework and solutions adopted to overcome these identified problems. Finally, the seminar should serve as a platform for discussion about the legal impact of governance and risk management rules, as well as possible challenges emerging from these rules for supervisors’ and companies’ practices.