Lunchtime Lecture: 17 Jan 2014
Topic BILA Lunch Time Lecture - 17th January 2014
Speakers Glen Davis QC & Mark Arnold QC

Date / time
17/01/2014
1:00 pm


Summary:

The Companies Act 2006 introduced for the first time in statutory form a statement of the general duties owed by directors. But the list is not exhaustive.

Mark Arnold QC will address the implications of GHLM Trading v Maroo, a recent case concerned with three such duties.

  • The director’s duty to explain what has become of company property in his hands
  • The director’s duty to make disclosure
  • The director’s duty to take into account the interests of creditors

Glen Davis QC will consider some of the additional obligations and duties which are imposed and recognised when a person is a director of a company regulated under the Financial Services and Markets Act 2000.

  • The regulatory regime and the FCA Handbook
  • Exercising controlled functions
  • The duty to cooperate with regulators
  • Secretary of State v Aaron
  • Montpelier Pension Administration Services
  • The use of “skilled persons” reports under s166 FSMA

 

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