Dominic Chappell in September 2018 On 27 March 2018 the UK Insolvency Service announced that intends to ban Chappell, and three other former BHS directors, from serving as company directors for up to 15 years, following its investigation into the collapse of BHS under the Company Directors Disqualification Act 1986. Dominic Chappell Dominic Joseph Andrew Chappell (born 28 November 1966) is a British businessman and former racing driver, who has been declared bankrupt on two occasions. In 2015, his company, Retail Acquisitions Ltd, purchased the now collapsed retail chain British Home Stores from Philip Green for just £1 GBP together with a
UK Corporate Governance Code UK Corporate Governance Code The UK Corporate Governance code (from here on referred to as "the Code") is a part of UK company law with a set of principles of good corporate governance aimed at companies listed on the London Stock Exchange. It is overseen by the Financial Reporting Council and its importance derives from the Financial Conduct Authority's Listing Rules. The Listing Rules themselves are given statutory authority under the Financial Services and Markets Act 2000 and require that public listed companies disclose how they have complied with the code, and explain where they have not applied the code