The Government today published its response to the final report and recommendations made by the Parliamentary Commission on Banking Standards: see here (pdf). Many of the Commission's recommendations have been accepted. A summary is available here. Chapter three of the Government's response concerns corporate governance and in this chapter it is stated that a forthcoming discussion paper, titled Trust and Transparency, will be published soon in which, amongst other things, views will be sought on how to strengthen the regime for enforcing directors' duties.
Monday, 8 July 2013
UK: Parliamentary Commission on Banking Standards final report - Government response
The Government today published its response to the final report and recommendations made by the Parliamentary Commission on Banking Standards: see here (pdf). Many of the Commission's recommendations have been accepted. A summary is available here. Chapter three of the Government's response concerns corporate governance and in this chapter it is stated that a forthcoming discussion paper, titled Trust and Transparency, will be published soon in which, amongst other things, views will be sought on how to strengthen the regime for enforcing directors' duties.
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