Tag Archives: regulation

Board packs and management information

All boards receive a pack of materials before a board meeting and, for banks and other financial institutions, this will include materials addressing regulatory matters. I’m setting out below some thoughts based on packs I’ve seen over the last decade or so. Some of these are obvious points but I do see them cropping up […]

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Conflicts of interests for Boards

Conflicts of interests are relevant to all regulated firms in a number of ways. This note looks at conflicts of interests in the context of boards of directors. To begin, why do conflicts matter? Directors have a duty to shareholders to act honestly and in good faith. There’s an underlying principle that directors should not […]

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LIGHTER-TOUCH REGULATION BY THE FCA? POINTS TO CONSIDER

In the last six months, the Financial Conduct Authority (the FCA) has repositioned itself as a regulator for growth, in line with the Government’s growth agenda. There’s still a strong focus on consumer protection but this now sits alongside the growth agenda and the FCA is paying closer attention to the regulatory burden on firms […]

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