Caroline Field has been quoted in FT Adviser on the need for appropriate corporate governance in financial services firms.

She said it is essential that financial services firms, including owner managed businesses like Odey Asset Management, have effective corporate governance controls in place.

“One person at the top calling the shots, without effective processes to hold these individuals to account, as well as a culture which tolerates misconduct completely undermines the purpose of an oversight function,” she said.

“Firms must have measures in place to prevent victimisation and those blowing the whistle must be empowered to do so without fear of retribution.”