Director Disqualification In Jersey: An Increasingly Material Governance Risk

KEY TAKEAWAYS

• In Jersey, a director can be disqualified if their conduct makes them 'unfit to be concerned in the management of a company'. 
  
  
• Recent guidance and case law demonstrates a tougher approach to misconduct, poor governance and failures to cooperate with regulators or the Viscount or other officeholders.
  
  
• Strong record-keeping, financial controls and early action in distress scenarios are critical to reducing disqualification risk.