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Keywords: Reliance on legal advice
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Journal Articles
“But we had obtained professional/legal advice!”: The disclosure conundrum and directors' dilemma
Available to Purchase
Journal:
Journal of Financial Crime
Journal of Financial Crime (2013) 20 (3): 312–323.
Published: 12 July 2013
...Aiman Nariman Mohd‐Sulaiman Purpose In recent enforcement actions by several capital market regulators in some common law jurisdictions, the issue of directors' reliance on legal advice in relation to compliance with their statutory duties has been raised. This paper aims to discuss the dilemma...
