One-third (33%) of company directors worldwide have experienced a claim or investigation, according to Allen & Overy and Willis Towers Watson's annual directors survey.
That figure is part of a rising trend, with more directors reporting being part of an investigation or claim over recent years - up from one-quarter (27%) in 2016 and one-fifth in 2014. The rising trend is reinforced by Financial Conduct Authority (FCA) statistics that show the number of investigations into individuals has more than doubled in 2016, compared with the levels seen in 2013, 2014 and 2015. Over the same period, the regulator's statistics show investigations into firms have remained at largely similar levels. Since the global survey begin in 2011, ‘regulatory and other ...
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