The Financial Reporting Council has recently published its response to the Department for Business, Energy and Industrial Strategy, Corporate Governance Reform Green Paper. The FRCs response proposes wide-ranging powers be given to the FRC for oversight of all Directors. Should the proposals be adopted it could potentially mark the beginning of a shift towards creating a professional role of "Company Director". The proposals for a system of redress making it easy for stakeholders to bring claims directly against Directors would greatly increase the potential liability for Directors.