1.7 Corporate Governance and Legal Liability for Nuclear Security

This WINS International Best Practice Guide describes the role that a strong corporate governance framework can play in helping to mitigate security risks and vulnerabilities. It also highlights how governance best practices could reduce liability considerations if a malicious event takes place.

The first section describes the fundamental structure of corporate governance, including basic roles and responsibilities within an organisation that is expected to assess and manage risks and liability. The second section discusses the larger nuclear security architecture, which consists of international bodies and national authorities that help provide guidance and establish the regulatory framework for nuclear security and the ways in which nuclear operators’ responsibilities fall under this scheme. The third section summarises basic nuclear insurance and liability concepts.