Prison Prospect Makes U.K. Bank Boards Less Appealing | White & Case LLP International Law Firm, Global Law Practice
Prison Prospect Makes U.K. Bank Boards Less Appealing

Prison Prospect Makes U.K. Bank Boards Less Appealing

As the UK prepares to introduce some of the world's toughest rules on financial conduct, Bloomberg reports that lenders might find it increasingly difficult to recruit senior executives as regulators increase the focus on the accountability of individuals. White & Case partner Stuart Willey, who heads the regulatory practice in the Firm's London capital markets group, tells UK Banking Reporter Stephen Morris: "Serving on a bank board going forward will be a much less attractive proposition." Read the Bloomberg story in full.