Did you know that as a director or officer of a company, you are legally responsible for your actions? That under the Companies Act 2006, there are more than 200 areas of statutory liability you are exposed to? And that failing to act within the remit of the Act could lead to civil or criminal charges for which you could be personally liable and face hefty fines or even imprisonment?
Today’s society is a heavily regulated one, and increasingly litigious too. We’re living in an age where employees are well aware of their rights and not afraid to sue when they feel those rights have been breached. Not to mention how these days industry regulators are more proactive then ever when it comes to investigating complaints against companies.