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…

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…

Key Governance Learnings from the Renault-Nissan Scandal

Mr Ghosn was arrested in November on suspicion of understating his compensation package in the reported financial statements of Nissan. His arrest has raised uncertainty over the future of Renault-Nissan. The corporate scandal has highlighted important corporate governance issues worth the attention of the NEDonBoard community of non-executive directors and board members. To discuss these…

Executive and Non-Executive Directors Part 1 – by Mark Cardale

Written by Mark Cardale People often ask what the distinctions are between executive and non-executive (NED) directors. And often this question will be linked with others – including questions about the significance of the distinctions, the value of having both executives and non-executives on the board and the means of ensuring the proper functioning of a board whose members include both…

How to become a non-executive director

What’s in a name? The difference between a NED and a Lay Member

This week, the NEDonBoard blog post discusses the differences and similarities between a non-executive director and a lay member.     Area of Difference Lay Member NED Type of Entity Professional bodies, NHS Entities, Children’s Boards, Bar Standards, universities, House of Commons Committee on standards, tribunals Companies (ignoring charities that use this title to describe their charity,…

NEDonBoard Events

NEDonBoard: Our conversation with Sir Win, Chairman of the FRC on 17th October – Key nuggets of wisdom

Key Nuggets of Wisdom On 17th October 2018, NEDonBoard had the pleasure to welcome Sir Win Bischoff, Chairman of the FRC for a discussion with our members on the recently published UK Corporate Governance Code. The conversation was facilitated by Kathie Child-Villiers.   On this blog posts, we highlight some of Sir Win’s key nuggets of wisdom gained by…