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Blog : BOARD TALK

FCA Under Pressure As IOD Calls For Non-Execs To Be Removed From Senior Manager's Regime

Posted on October 15, 2015 at 11:00 AM

High-level meetings between banks and the Bank of England (as reported in the Financial Times) doubtless played a part in the UK Treasury's abandonment of the "reverse burden of proof" rule introduced in the new Senior Managers Regime.


In a bid to further strengthen the focus on accountability, executives would have had to prove they had taken all steps to prevent ...

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A 'Wake-Up Call' For Europe's Board Members As D&O Claims Rise

Posted on October 7, 2015 at 10:30 AM

Board members be warned. It is time to make sure you understand the extent of your individual liability at a time when differences in board structure and complex supply chains complicate the pitcture across Europe. D&O insurance claims are rising and there i...

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Guest Blog: On EasyJet, Public Perception + Carolyn McCall

Posted on October 5, 2015 at 10:00 AM

Guest Blog:

Michael Hewson , CMC Markets Chief Market Analyst


"Budget airliner EasyJet celebrates its 20th anniversary this year and is anticipated to release another positive trading statement tomorrow, Tuesday 6th October:


Time flies: EasyJet sheds ‘SleazyJet’ image as it matures into a grown-up airline

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So Many Ways To Dodge Better #CorpGov

Posted on September 15, 2015 at 10:00 AM

There are so many examples at the moment of business finding a way around better corporate governance - the very essence of a business, as Stephen Green told us so well.


Never underestimate the prevalence and the power of lobbying. There has been predictable business backlash against the UK National Living Wage (NLW) announced by C...

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A Collaborative Approach In Business :And Its Obstacles

Posted on July 3, 2015 at 9:10 PM

Interesting on a number of fronts: McDonald's, the fast food chain, keeps popping up in the headlines, doing good things. Clearly a great deal of real intiative is being exercised in terms both of shaping the business and engaging customers - and doubtless it is also being matched by media/PR spend.


But, when multiple and unrelat...

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Guest Blog: FEMR - Why It Matters From An Employment Perspective

Posted on June 19, 2015 at 4:20 PM

Guest Blog:

Juliette Graham, Linklaters Employment & Incentives Lawyer


"The penalties aren't enough... Cultural change - that's really the aim of this - not to send people to jail" Martin Wheatley, CEO of the Financial Conduct Authority (FCA), said of the

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A 'Thumbs Down' For City Non-Executive Positions ?

Posted on June 18, 2015 at 10:15 AM

When you make things harder - in terms of scrutiny, accountability and standards - it can put people off thinking of board positions as a great way to fund a lifestyle.


That isn't quite the way it is presented. But in a release entitled ‘Walking the Tightrope of Board Responsibility – a Difficult Balancing Act’,it is suggested that the introduction of the  UK's ‘Senior ManagersR...

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A Third Of Audits Inspected By FRC Are Flawed

Posted on June 1, 2015 at 10:30 AM

We are always told to encourage children by praising the positive - and working on the negative. So, it is, it seems, with the UK industry regulator and the big accountancy firms - except they are not infants. Those of us who have been through the child-rearing process know all about the 'progress prize.'


The Financial Reporting Council (FRC) says it is looking for "continuous improvement" when it comes to audit, which it is finding.  It says that the quality of UK...

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Growing Demand For Tax Transparency Hits Businesses

Posted on May 27, 2015 at 3:05 PM

Tax transparency is, indeed the new norm as the OECD, European Commission and national governments demand more data from businesses. And you have to hand it to EY for seizing the opportunity to grow its business.


Its survey of 962 tax and finance executives in 27 jurisdictions has found 83% reporting that they regularly brief the CEO or CFO on the issue of tax. But 71% of businesses say they need more resources ...

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Now To Focus On Legal Risk Management...

Posted on April 5, 2015 at 7:10 PM

Easter Sunday and the UK is bathed in late evening sunshine....but here's a thought before you are lulled into any sense of complacency.


While a 24 hour news stream via social media delivers a steady array of potential concerns for listed companies around corporate governance and risk, one has remained pretty much unexplored: the role of in-house lawyers.


Now the UCL Centre for Ethics and Law

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