Non-executive directors’ main roles are those of strategic support and monitoring of management – executive directors – in a unitary board. Their independence from important potential conflicts of interest which can affect executive directors is fundamental. We set out many examples of such conflict of interest. What is required to be independent will evolve over the years. We suggest some ways of refining of the concept which would be helpful now.
ACT Derivatives Accounting Working Group (DAWG) Response to Consultation
As corporate treasurers typically have the key responsibility for managing financial instruments within UK listed companies, the response to FRED 23 of the Technical Committee of The Association of Corporate Treasurers (ACT), their professional body, is of particular interest.
ACT urges Law Commission to consider implications for wholesale markets in unfair contract terms review
Law Commission plans to review rules on unfair contract terms should exclude contractual arrangements in the wholesale markets, according to a recent consultation response from the ACT.
Fever Mindful of the competition with the World Cup, the June edition provides a wealth of informative and practical advice and insight which can fill that gap between breakfast and kick-off.
Editorial One of my few privileges is that this column has the latest of all our deadlines, which allows me to provide a very brief report on the ACT’s UK Treasurers’ Conference, held in associat
