Blog: Does your board meet FCA standards?
Gary Dixon, of the Association of Independent Non Executive Directors, highlights why it is time to talk about the independent NED gap.
With the FCA examining corporate governance standards across the City, now is the time for brokers to assess whether their independent non-executive director (iNED) is truly representing the interests of all stakeholders
Make no mistake, the City watchdog is stepping up its focus on the governance standards as demonstrated by the fact that, as of August, it had opened 61 cases related to corporate governance since 1 April, compared with just 15 in the same period a year earlier.
Outside the
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