Warning: scammers may call, email or message you on behalf of DNB. We are also aware of online videos and images – for example, of our current or former governor – that look genuine but are definitely fake. Don’t be taken in! DNB will never ask you for money or confidential information. Read more

I am a director of a private or public limited company. Does that automatically make me a de facto director?

Q&A
Read aloud

Question:

I am a director of a private or public limited company. Does that automatically make me a de facto director?

Published: 12 September 2018

Answer:

No, not by definition. The person subject to punishment is the person who effectively instructed an offence to be committed or who actually directed prohibited conduct. This will often but need not necessarily be a director. It may also be someone who is subordinate to the management board of a company but who in reality was in charge. Given that the actual situation is decisive, there is no strict liability on the part of directors under the articles of association.

Discover related articles

Interesting articles