ISE 2012: UK regulator’s emphasis on board role in risk management could attract “wrong” sort of execs
Following the bank crisis the Financial Services Authority in the UK has focused more closely on the board’s role in risk management in a move which could be bad for non-executive directors according to a legal expert.
Nathan Willmott, partner at Berwin Leighton Paisner, outlined to delegates at Insurance Strategy Europe how the economic downturn has mean the shift of emphasis onto the quality of senior management
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