Corporate governance addresses the fundamental problem of how to ensure that those who manage a company act in the best interests of its owners, known as the agency problem. It is the system of rules, practices, and processes designed to align the interests of management with those of shareholders and other stakeholders, promoting accountability, transparency, and responsible decision-making. Effective corporate governance is essential for building trust, attracting investment, and fostering long-term sustainable growth. ...

Further reading DP22/3: Operational resilience: critical third parties to the UK financial sector | FCA UK DP3/22 – Operational resilience: Critical third parties to the UK financial sector | Bank of England Critical Third Parties - a new regulatory perimeter | PwC UK blog UK regulators provide further details on framework for oversight of critical third parties (UK DORA) | Ashurst Too Important to Fail: Regulating Critical Third Parties in the UK | Oxford Business Law Blog Financial Services and Markets Bill | UK Gov