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Web15 aug. 2024 · They are a “critical friend” and must act in the interests of the company’s stakeholders (e.g. shareholders, employees, pensioners, suppliers)”. The UK corporate … Web23 feb. 2015 · Non-Executive Directors (NEDs) with specific responsibilities, such as Chairman, will come under the new Senior Managers Regime (SMR), the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) confirmed today. WebIt’s important to clearly communicate what kind of board you have from the outset, so everyone knows their duties and limitations. For more on the differences between advisory boards and boards of directors, see What is a board? (external link) on the Institute of Directors’ website. There are two types of directors on a board, executive and non … s20 workstation thinkstation - type 4157