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Regulation Europe

Insurers face greater risk of legal action against directors

  • Analysis

NEVER before has there been such a focus on the stewardship of banks and other financial institutions. Many people are asking what role directors — both full time and non-executive — had in the gross failures in core strategies that seem to underpin this crisis. The Financial Services Authority’s comments and proposals in a recent consultation paper (*) will be of interest to D&O insurers.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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