Directors' disclosures
This guide provides an overview of the provisions relating to the disclosure of information about the directors of a UK-incorporated company. It gives a summary of the relevant law and regulation impacting on listed companies (both Main Market and AIM), but is also of relevance for UK private companies.
ICSA Solutions
ICSA Solutions are an innovative series of ebooks that provide immediate access to all the necessary information on a particular topic; offering practical guidance, case studies and time-saving checklists.
ICSA Solutions
ICSA Solutions are an innovative series of ebooks that provide immediate access to all the necessary information on a particular topic; offering practical guidance, case studies and time-saving checklists.
ICSA Solutions
ICSA Solutions are an innovative series of ebooks that provide immediate access to all the necessary information on a particular topic; offering practical guidance, case studies and time-saving checklists.
ICSA Solutions
ICSA Solutions are an innovative series of ebooks that provide immediate access to all the necessary information on a particular topic; offering practical guidance, case studies and time-saving checklists.
Contents
1. Introduction and legal framework
Chapter 1 looks at the rules governing UK companies. Obligations to make disclosures relating to directors arise from a number of sources including the Companies Act 2006, the Financial Servies and Markets Act 2000 and the UK Corporate Governance Code.
2. Directors' personal details: appointment and resignation
Chapter 2 looks at the details that must be provided to the Registrar when a company is established, a new director is appointed or a director is removed. Statutory books, directors' residential addresses and confidentiality orders are also covered as are the additional obligations imposed on listed companies.
3. Directors' service contracts
Chapter 3 looks at directors' service contracts which set out the principal terms of a director's employment. Includes shareholder approval, rights of inspection and payments for loss of office.
4. Disclosures about directors in an annual financial report
Chapter 4 looks at the information related to directors in annual financial reports and the requirements for different types of companies.
5. Directors as shareholders
Chapter 5 looks at the requirements relating to directors as shareholders under the Companies Act 2006 and the disclosure regime relating to dealings by directors of listed companies.
6. Disqualification of directors
Chapter 6 looks at the grounds for disqualification of a director and disclosures relating to disqualification.
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