Warning over new rules for non-executive directors in financial services

IR MagazineUpcoming regulations will force higher fees and lower quality of non-executive director candidates, Tyzack Partners says.

Upcoming UK regulations meant to hold non-executive directors responsible for breaches of good governance may have a ‘dramatic and damaging’ effect on board diversity, according to a report by executive search firm Tyzack Partners and board effectiveness consultancy Advanced Boardroom Excellence.

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