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Director loses appeal against FCA fine and ban in conflict of interest case

A non-executive director who failed to declare a conflict of interest has lost her appeal against the Financial Conduct Authority (FCA), which had fined her £154,800 and banned her from holding a regulated financial services role. 13 Jan 2015

Expert cautions against "complacency" as second UK company acquitted of corporate manslaughter

Companies should not be complacent about the risk of prosecution for deaths caused by their failures despite the acquittal of the second company to face a corporate manslaughter charge, an expert has said. 30 Jun 2014

Out-Law Guides

  • Issues for directors and bank ring-fencing

    This is one of a  series of guides  on issues connected to ring-fencing and banking reform faced by banks. Other guides cover issues such as tax, real estate, employment, pensions, litigation, third party contracts and competition considerations....

  • Disclosure in the accounts of a director's interests in contracts

    This guide is based on UK law as at 1st February 2010, unless otherwise stated. Where a company or any of its subsidiaries enters into a transaction with a director of the company, the rules on...

  • Directors' contracts with listed companies

    This guide is based on UK law as at 1st February 2010, unless otherwise stated. If a company’s shares are traded on the main market of the London Stock Exchange there is a further set of requiremen...

  • Indemnity and insurance protection for directors

    This article is based on UK law as at 1st February 2010, unless otherwise stated. To what extent can a company protect its directors from some of the liabilities outlined in our guides to directors...

  • Directors' duties: Duty to promote the success of the company

    This guide is based on UK law as at 1st February 2010, unless otherwise stated. Two examples that pre-date the Companies Act 2006 serve to illustrate the kind of thinking the government expects fro...

  • Directors' duties: Decision taking and reord keeping

    This guide is based on UK law as at 1st February 2010, unless otherwise stated. The requirement under the code of duties to pay regard to six specific factors of responsible business behaviour (see...

More guides

Court of Session's "tough moralistic stance" on fiduciary duties a warning to agents, says expert

A recent decision by the Court of Session in Scotland illustrates in "graphic terms" the seriousness with which courts regard the fiduciary, or good faith, duties owed by agents towards those they are working on behalf of, an expert has said. 12 May 2014

Tougher penalties for disqualified directors proposed as part of UK government plans to increase corporate 'transparency and trust'

Company directors convicted of offences overseas could be banned from serving on the boards of UK companies, while courts could also be given the power to force disqualified directors to pay compensation to those who have lost money as a result of their actions,... 22 Apr 2014