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Corporate governance reforms – will they hold directors to account?

Amy Harvey, partner, and Alexander Unal, associate, at Ontier LLP examine whether the move to introduce tougher disclosure rules on distributable profits and dividend payments, resilience statements, and material fraud will improve transparency and accountability

There have been a number of high profile corporate collapses in recent years but one which really sent shockwaves through the UK economy and which has been the subject of ongoing scrutiny was the collapse of Carillion plc in 2018 which, at its peak, had 43,000 employees in its group.

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