Director ratings and due diligence plans finalised

Thanks to all those who have given their feedback on The NED’s plans for its director ratings and due diligence service. Comments made by investors and their advisors have been especially welcome.

Information on non-exec directors previous as well as current board positions is a point that a number of people have raised recently. This is important but might not always be easy to find, particularly if someone wants to keep something hidden. Otherwise the topics that have come up before have been raised again over the last few weeks, such as on independence, capacity, experience and so forth.

The NED now looks to be certain to launch this service in March. As mentioned in the January issue the ratings will work on a traffic light system. For new subscribers, and there are several this month.

To read more on this subject, see the February issue of The NED.