For whom should bank directors promote the success of the bank?
The Parliamentary Commission on Banking Standards (PCBS) recommended that
banks have to be changed for good. As the new Financial Services (Banking Reform)
Act 2013 receives Royal Assent and the FCA and PRA gear up to revise the regulatory
regime for senior management in banks, is a further review of the duties owed by
directors of banks necessary?
See Henry Warwick’s full article here.
First published in Butterworths Journal of International Banking and Financial Law, April 2014.