FSA says corporate governance drive for non-executive directors will continue

The Financial Services Authority (FSA) has warned it will continue its drive to improve competency levels of non-executive directors at financial firms.

In a speech at the regulator’s Building Societies Association corporate governance seminar, Graeme Ashley-Fenn, FSA director of permissions, decisions and reporting, stressed the supervisor’s corporate governance efforts in the aftermath of last year’s Walker Report aimed at curbing governance failings.

The FSA will review the competence of board

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