Policy

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Exposure Draft – ASIC Industry Funding Model and Search Fees

In principle, the AICD supports the Exposure Draft, in particular the reduction (and in the case of journalists, the elimination) of search fees from 1 July 2019. This proposal will enable information...

Modernising Business Registers Program – Review of Registry Fees

The AICD supports the Government taking a principles approach to the review of the registry fees under the Modernising Business Registers Program.

Exposure Draft – Proprietary Company Thresholds

On 14 December 2018 the AICD lodged a submission with Treasury on the Exposure Draft – Corporations Amendment (Proprietary Company Thresholds) Regulations 2018.

Right of Use Assets of Not-for-profit entities (ie Peppercorn leases)

On 7 December 2018 the AICD responded to an Exposure Draft (ED) issued by the Australian Accounting Standards Board (AASB) ED 286 – Amendments to Australian Accounting Standards – Right-of...

Inquiry into Class Action Proceedings and Third-Party Litigation Funders

On 13 November 2018 the AICD provided a supplementary submission to the Australian Law Reform Commission (ALRC) as part of its Inquiry into Class Action Proceedings and Third-Party Litigation Funders.

Special purpose Financial Statement Problems Phase 2 (Medium-term Approach)

The AICD does not support the AASB’s preferred Phase 2: Medium-term Approach which involves removing the ability for non-publicly accountable entities to prepare and lodge special purpose financ...

Financial Services Royal Commission - Interim Report

The AICD has provided a submission on the Interim Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (Royal Commission)

Modernising business registers and Director Identification Numbers – Draft Legislation

On 26 October 2018, the AICD provided a submission to the government responding to the draft legislation which would, if enacted introduce a framework for director identification numbers (DINs) as par...

Financial Services Royal Commission - Insurance

On 25 October, the AICD made its submission to the Financial Services Royal Commission regarding the Round Six (Insurance) Hearings.

Reforms to strengthen penalties for corporate and financial sector misconduct – Draft Legislation

On 18 October 2018, the AICD provided a submission to the government responding to draft legislation which would, if enacted, significantly increase penalties available to ASIC for corporate and finan...
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