Increased accountability for directors and more scrutiny on decision making is part of proposed audit reforms, but what does it mean in practical terms for directors, ask Simon Fawell and Paul Brehony, partners, and Kate Gee, counsel at Signature Litigation LLP
This is the first of a three-part series looking at some of the key areas for directors to keep front of mind for 2022 and beyond.
Risks for company directors are on the rise. Increased scrutiny from regulators and shareholders, combined with an unprecedented legal and financial climate brought about by Covid and other world factors including current events in Ukraine, mean that it has never been more important for directors that they are actively engaged in the stewardship of the companies they represent and the decisions that are taken.
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