Corporate directorships have been a suppurating sore on the side of British corporate law for years. Even Jersey, which is not known for its transparency, got its act together (sort of) some years ago when it became painfully apparent how often corporate directorships became backdoors for fraud, money laundering and other, less than ethical pastimes.”
Read my thoughts in the European Financial Review on why the UK’s potential ban on corporate directorships is long overdue.