The United Kingdom doesnโ€™t have a strong track record for bringing executives to book. Very often, boardroom culprits have usually fallen on their swords, taken their pensions, and sometimes even moved to greener pastures long before any regulator comes knocking.

Neil Hodge is a freelance business journalist and photographer based in Nottingham, United Kingdom. He writes on insurance and risk management, corporate governance, internal audit, compliance, and legal...