In 2017, 36% of UK companies experienced a claim and/or investigation involving directors of their company, up from 21% in 2016. In 2016 the Financial Conduct Authority investigated 152 individual directors, up from only 62 in 2015. Over the past several years, UK legislation and regulations have greatly expanded the potential number of risks that
Over the last several years, UK regulations have expanded the scope of directors and officers (D&O) liability—and that trend shows no signs of stopping, according to a recent survey from international law firm Allen & Overy. According to the survey, D&Os are exposed to a higher amount of personal liability than ever before. Since the
One year after new sentencing guidelines for health and safety offences, corporate manslaughter, and food safety and hygiene offences came into force in February 2016, the number of health and safety prosecutions against directors has tripled and UK businesses have seen a dramatic rise in the value of health and safety fines. In fact, in
