In this blog, Richard Winfield describes how businesses can access support and guidance in managing and growing their business operations. He proposes four different avenues for small businesses to receive knowledge and expertise. Professional advisers Boards should choose accountants and lawyers who are able to provide business advice as well as fulfilling legal requirements.…
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In this week’s blog, we discuss why companies should be interested in corporate governance and how corporate governance should evolve as businesses grow and complexify. When, why and where should companies look outside for help? Until recently the requirement for companies in the United Kingdom to adopt a formal corporate governance code was…
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The deadline for Authorised Fund Managers to comply with the provisions of policy statement 18/8 is September 2019. In this blog, we share an update with our community reflecting information received from our members as well as a catch-up call with the FCA that NEDonBoard held mid-July. Background In April 2018, the FCA announced…
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The Wates Corporate Governance Principles came into force in 2019 and apply to large private companies. In this short interview, David Styles, Director of Corporate Governance at the Financial Reporting Council discusses the purposes and use of the Principles. We take this opportunity to remind our audience that NEDonBoard welcomed Sir James Wates CBE in…
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In March 2019, following a series of meetings with portfolio audit committee board members, NEDonBoard had the pleasure of welcoming Kathie Child-Villiers, Iain Cornish and Mary Hardy to discuss board best practices in relation to audit committee – oversight of internal audit, a recording of which is available to members below.
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Sharing NEDonBoard interview insights from experienced non-executive directors and search consultants, the following short videos are of particular use to those aspiring to the NED role, those newly developing a portfolio of roles, and those interested to better understand key considerations for your next role.
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Mid-2018, NEDonBoard started running match-making events. Our objective was to further support our members in connecting them with their local business community and securing roles, as non-executive directors and/or advisory board members. Our two pilot events in Edinburgh proved successful. NEDonBoard partnered with the RBS Entrepreneur Accelerator and received strong engagement from both entrepreneurs and…
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To connect NEDonBoard members with businesses looking for their expertise, we co-host regular NXD-business speed dating events. Below is a list of companies and NEDonBoard members who have recently attended NEDonBoard NED-Business speed dating co-hosted events in Edinburgh.
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Public and Private companies, both large and small are relying increasingly on Non-Executive Directors to maximise board effectiveness. Their independence and judgment is not compromised by company politics, rivalry or any career progression aspirations. For large listed companies, the UK corporate governance code recommends that half the directors are non-executive. For smaller companies a minimum…
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The information presented to the board of directors in board materials is important. Board papers are the basis of the decisions made in the boardroom. Although NEDs are company directors and have the same responsibilities, duties and liabilities as the executives, they are not in the business day in and day out. As such, they…
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