Lloyd’s Finds Former CEO John Neal Breached Compliance Policies by Failing to Disclose Employee Relationship
businesslaw 3 posts · 3 accounts
Lloyd’s of London announced that former CEO John Neal breached its compliance rules by failing to disclose a close relationship with an employee.
The group stated the undisclosed connection could have been perceived as creating a potential conflict of interest. The compliance determination was communicated through a regulatory disclosure reported by the Financial Times.
From the sources (3 posts)
@firstsquawkLLOYD'S OF LONDON: EX CEO NEAL BREACHED COMPLIANCE RULES
@ftLloyd’s says ex-CEO failed to disclose ‘close’ relationship with employee
@businessLloyd’s of London said former CEO John Neal breached its compliance rules after failing to disclose a close relationship that could have been perceived as creating a potential conflict of interest