Topic: Legislation

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Does your board have an ethical AI toolkit?

The World Economic Forum (WEF) has released the Empowering AI Toolkit. The tool helps boards of directors develop an ethical approach to artificial intelligence.

Combating Illegal Phoenixing Bill 2019 passed

The Treasury Laws Amendment (Combatting Illegal Phoenixing) Bill 2019 (Bill) has passed through the Parliament.

Your regulatory radar for 2020

As we start a new decade, we look ahead to major issues and regulatory changes that directors need to be across in 2020. Here’s a summary for the year ahead.

Westpac revelations another shock to corporate Australia

The AUSTRAC allegations against Westpac have rocked corporate Australia. The issues raised are inexcusable and a great deal more work is needed to understand how this happened.

What directors need to know about the Westpac money laundering allegations

AUSTRAC’s allegations that Westpac failed in its anti-money laundering obligations and may have put children at risk have shocked the community. Here’s what directors need to know.

Modern slavery laws will affect directors who are not aware of supply chains

Boards must be aware of their organisation's supply chains with the first reporting period for large entities applicable from July 1 under the federal law, writes Professor Pamela Hanrahan.

New tougher laws for staff pay avoiders

New legislation is now in force that toughens penalties for company directors and officers who avoid paying employee entitlements during insolvencies or restructures.
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