Uncertain times for insurance NEDs – Hardwicke Chambers

Posted July 28th, 2015 in banking, crime, news by sally

‘Amongst the mass of regulatory measures introduced in recent times to prevent a repeat of the 2008 financial crisis, perhaps the most potent is that provided by section 36 of the Financial Services (Banking Reform) Act 2013, headed “Offence relating to a decision causing a financial institution to fail”. It comes into force on 7 March 2016.’

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Hardwicke Chambers, 1st June 2015

Source: www.hardwicke.co.uk