Topic: Liability and Compliance

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AICD welcomes tougher penalties for serious corporate wrong-doing

The Australian Institute of Company Directors has welcomed the Federal Government’s decision to significantly increase financial penalties for serious wrong-doing by individuals and corporations.

Thinking the Unthinkable

Amid the debate over social licence to operate, company directors need to find new ways to sit “on the same side of the table” as the people — or they risk losing their legitimacy, warns Simon Longsta...

Don’t get tripped up by directors’ liability

Andrew Yeo outlines six common liability traps that often ensnare company directors.

BEAR roars through Parliament

On 7 February the Parliament passed the Banking Executive Accountability Regime (known as BEAR).

The Regulator: Called to Account

Has your organisation got its financials in order? ASIC Commissioner John Price outlines what companies need to know.

Company Tax Reform: Transparency

There is demand for greater transparency on if, where and how corporations pay tax. Ben Scull from Thomson Reuters Australia and New Zealand and Christopher Niesche deliver an essential director brief...

Time is running out

The effective date for AASB 9 Financial Instruments and AASB 15 Revenue from Contracts with Customers is fast approaching, and the transition date for full retrospective transition has already passed ...

Board dramas in 2017

From the Australian Olympic Committee to Weinstein there were challenges aplenty for directors in an eventful 2017. Narelle Hooper reviews the year.

2017 lessons for Directors from the courts and Fair Work Commission

Reflecting on a number of decisions handed down by the courts and Fair Work Commission in 2017 provides useful insights into the duties and rights of directors.

Highlights from the 2017 AICD Essential Director Update with Graham Bradley

The AICD’s Essential Director Update is one of the most important events in the Australian governance calendar. Held annually, the update is the AICD’s largest complimentary event. This year in a road...
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