Clyde & Co

DEFERRED PROSECUTION AGREEMENTS – SHOULD THEY BE TAKEN OFF THE SHELVES? – Clyde & Co

  Since the introduction of Deferred Prosecution Agreements (DPAs) into the UK in February 2014 there have been four reported cases to date (Standard Bank, XYZ, Rolls-Royce and Tesco).  DPAs are appealing to both corporates and the Serious Fraud Office (SFO). They allow corporations to escape criminal prosecution by paying a fine and improving compliance. This…

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The collapse of Patisserie Valerie offers some key lessons for non-executive directors and board members. Find out what these lessons are!

On Tuesday 22nd January, Patisserie Valerie announced that it failed to secure an extension to its lending facilities and that it had to collapse into administration. Patisserie Valerie is the latest high-profile company to collapse because of fraud and inaccurate data. This raises some of the exact same issues as the collapse of Carillion did:…

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Being an effective NED

NEDonBoard calls for SMEs and large private companies to draw from its pool of talented business leaders and appoint NEDs that will help them drive growth, deliver strategic objectives and fulfill their corporate mission

NEDonBoard press release, London, Thursday 17th January 2019 NEDonBoard calls for SMEs and large private companies to draw from its pool of talented business leaders and appoint NEDs and/or advisory board members who will help them drive growth, deliver strategic objectives and fulfill their corporate mission. SMEs and large private companies must understand the value…

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NEDonBoard Board Best Practice – Chairs

In September 2018, NEDonBoard hosted a series of roundtable discussions with the experienced portfolio board chairs; committee chairs; NEDs, company secretaries and CEOs. Following this, NEDonBoard hosted a panel discussion sharing some of the key insights from both the round table discussions and personally of the panellists.

The panel discussion was recorded for NEDonBoard members unable to attend, and can be viewed here – a worthwhile watch for any aspirant chair and those experienced in the role looking to continue the learning journey.

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UK Corporate Governance Code – An Evening with Chairman of FRC

A highly recommended video to watch for all board members interested in good corporate governance.
Guest speaker Sir Win Bischoff, Chairman of the FRC, spoke around good corporate governance, and key elements of the new UK Corporate Governance Code (effective from January 1st, 2019). Interviewing Sir Win was portfolio non-executive director, Kathie Child-Villiers.

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