corporate governance


General counsel
Are you a general counsel and also company secretary? Private companies do not have to appoint a secretary unless their articles of association require them to, although larger private companies would often choose to appoint one. A public limited company must have a secretary. If you have been formally appointed company secretary, duly registered at Companies House, even if not on the board of directors in your role as general counsel, you are an officer of the company under the Companies Act. As an officer […]

For the general counsel who is also company secretary


John Williams, James Reed (Corporate & Commercial Partner) and Nigel Montgomery receiving the award
DAC Beachcroft’s Corporate and Healthcare Regulatory teams and its Governance Advisory Practice were named collectively as Legal Advisor of the Year – Transactional Private – at the 2015 HealthInvestor awards on 10 June, which aim to recognise achievement in the business of healthcare. The latest success comes after the international law firm was also honoured at the awards in 2013 and 2014 as Legal Advisors of the Year – Public. This year’s win recognises the Health team’s advice to longstanding client, Spire Health Group PLC, […]

DAC Beachcroft and the Governance Advisory Practice named legal advisor of the year at 2015 HealthInvestor ...



The Governance Advisory Practice
Board succession planning is less about the proverbial “bus test” and more about maintaining a fully capable, competent, and functioning board that is equipped with the necessary skills, experience, independence and diversity of thought to properly discharge the duties of a board. This holds true in whichever sector the board is operating. There is very good guidance available from organisations such as the ICSA and the IoD. That said, there is no substitute for having the services and guidance of a good corporate secretary to […]

Succession Planning for your Board of Directors – Corporate Governance




Board succession planning
The role of the company secretary is being refocused, recalibrated and it is gaining greater prominence At a roundtable hosted by Governance + Compliance magazine in July, seven of the UK’s foremost governance professionals met to discuss the pivotal role of the company secretary. The meeting followed the publication of ICSA’s report The Company Secretary: Building trust through governance, which found that company secretaries ‘make a significant contribution to board performance’, supporting ICSA’s wish to reinstate the legal requirement for all large private companies to […]

Guardians of Governance – ICSA Roundtable


There were a number of changes made to the risk sections in the latest update of the FRC’s UK Corporate Governance Code, some of which were highlighted in the FRC’s press release on its publication . The new Code applies to accounting periods beginning on or after 1 October 2014. At the same time as publishing the Code, the FRC published Guidance on Risk Management, Internal Control and Related Financial and Business Reporting. This reflects the relevant requirements of the updated Code, and integrates and […]

Risk and the UK Corporate Governance Code