Member

Crucially, however, Amendment 74 contains what we consider to be rigorous, fair safeguards. First, liability is not strict; it requires proven consent, connivance or gross neglect. Secondly, any penalty must be strictly proportionate to the executive’s individual culpability and financial means. Thirdly, it provides an immediate statutory right of appeal to the independent First-tier tribunal. This aligns the UK directly with the EU’s NIS2 directive, which has already established senior management accountability across 27 neighbouring economies. If an individual is fit to draw a multimillion-pound executive salary running a critical national provider, they must be prepared to carry personal responsibility for securing it.