Independent director selection is usually done on a who you know basis. With changes coming in the UK, CP 86 etc selection procedures could do more to find those with experience but without contacts to fill director positions. But what could realistically be done to help those with the right skills and experience – but without connections – become independent directors?

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Regulators have been told to go easy of MiFID II implementation for the time being. That’s why there’s been little coverage of the impact from this measure since its introduction. Analogies have drawn with the Phoney War period from September 1939 to May 1940.

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