NEDs wanted! In April 2018, the FCA announced a range of measures to improve fund governance, protect investors and ensure that investors receive value from the investments. One of these measures requires the Board of Authorised Fund Managers (‘AFMs’) to be comprised of a minimum of 2 independent non-executive directors, representing at least 25% of…
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NEDs wanted! In April 2018, the FCA announced a range of measures to improve fund governance, protect investors and ensure that investors receive value from the investments. One of these measures requires the Board of Authorised Fund Managers (‘AFMs’) to be comprised of a minimum of 2 independent non-executive directors, representing at least 25% of…
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In March 2019, NEDonBoard joined FTSE 350 chairs, CISOs and cyber experts at the launch of this year’s FTSE 350 Cyber Governance Health Check 2018. The report, produced by the UK Government, shares the results of the 2018 FTSE 350 Cyber Governance Health Check survey, ‘a non-technical governance questionnaire which assesses the extent to which…
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This section of the NEDonBoard members learning area focuses on digital considerations for the board, including artificial intelligence (AI), block-chain and cyber-security themes for the board.
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This week, NEDonBoard brings to your attention the responsibility of board of directors and board members regarding GDPR a few months following the implementation of the requirements and the first few cases of breaches. Too many organisations are still complacent despite the many high-profile cases of data breaches and fines seen since the new…
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In January 2019, Clyde & Co hosted a NEDonBoard panel discussion on the legal duties and liabilities that apply to non-executive directors (NEDs), the role of directors and officers (D&O) insurance in mitigating directors’ personal liability and the due diligence that NEDs should carry out before accepting a position on the board. In this blog…
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On 29 January, Clyde & Co hosted a NEDonBoard panel discussion on the legal duties and liabilities that apply to non-executive directors (NEDs), the role of directors and officers (D&O) insurance in mitigating directors’ personal liability and the due diligence that NEDs should carry out before accepting a position on the board. In this blog…
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In February 2019, NEDonBoard met at 10 Downing Street to discuss how the NEDonBoard community of non-executive directors and board members can contribute to create the best business conditions in the UK after Brexit. This meeting follows the launch of our Board Ready-Brexit Ready initiative in October. Brexit is the ‘mother of all risks’…
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This page includes a recording of NEDonBoard’s panel and Q&A session dated 29th January 2019 centred on: Understanding your NED Legal Duties, Liabilities and Due Diligence
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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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