A Practitioner's Guide to Directors' Duties and Responsibilities

This new edition of A Practitioner's Guide to Director's Duties and Responsibilities provides practical advice and guidance on the many and varied responsibilities of UK directors. It takes you through the various responsibilities of directors, the potential liabilities and consequences in issues such as bankruptcy, insolvency, disqualifications and possible share dealing.

This book discusses the new UK Corporate Governance Code which applies to listed companies for accounting years beginning on or after 29 June 2010. At a European level, the Transparency Directive which imposes obligations on listed companies is covered in detail, and developments from the Financial Services Authority are highlighted to show their implications on the conduct of directors of FSA regulated firms.

THE NEW 4TH EDITION:

Provides you with details of the changes introduced by the Companies Act 2006
Offers practical advice and guidance on the many and varied responsibilities of UK directors
Includes full coverage of the new UK Corporate Governance Code and the Stewardship Code
Examines the legal and regulatory environment, highlighting the recent changes to this regime and the implication for directors
Highlights how common law principles apply in interpreting the statutory duties of directors, and the grey areas resulting from the differences in the new and old regimes
Discusses the latest developments of the Transparency Directive and the implication for a companies' operations in the EU
Explains the developments and changes in the regime for companies regulated by the Financial Services Authority
Looks at share dealing by directors and their connected persons
Explains the proceedings when there is a dispute against a director and how this can escalate into a director disqualification
Covers the duties of directors when a company goes into insolvency