Policy

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APRA looking to finalise its new remuneration framework

In response to the Banking Royal Commission, APRA put out a draft prudential standard that would have required boards to individually approve remuneration for certain highly paid material risk takers ...

AICD expresses concern over proposed changes to Best Interest duty in superannuation

The AICD has lodged a response with the Federal Government over its Exposure Draft of legislation seeking to change the best interest duty for directors and trustees of superannuation funds.

AICD supports establishment of Sustainability Standards Board

The AICD has lodged a submission with the IFRS foundation supporting in principle its aim to create a set of a global set of internationally recognised sustainability reporting requirements, supportin...

AICD endorses major changes to governance in Aged Care

The AICD has lodged a Response to Counsel Assisting’s submission to the Royal Commission into Aged Care Quality and Safety.

Virtual Annual General Meetings (AGMs)

On 4 November 2020, the AICD wrote to the Hon Josh Frydenberg MP, Treasurer, outlining support for modernisation of Corporations Act requirements on member meetings.

AICD submission on virtual meetings and electronic document execution

On 30 October 2020, the AICD lodged a submission on the Corporations Amendment (Virtual Meetings and Electronic Communications) Bill 2020 (Exposure Draft).

AICD submission on insolvency reforms to support small business

On 12 October 2020, the AICD lodged a submission on the Corporations Amendment (Corporate Insolvency Reforms) Bill 2020 (Exposure Draft).

AICD submission on the CATSI Act

On 2 October 2020, the AICD lodged a submission with the National Indigenous Australians Agency (NIAA) regarding its review of the CATSI Act.

AICD supports cutting red tape for charitable fundraising

In late August, the Intergovernmental Charitable Fundraising National Working Group, which consists of officials from the states and territories together with the ACNC, released a discussion pape...

AICD lodged a submission with the Australian Accounting Standards Board on ED 302 Amendments to Aust...

On 10 September 2020 the AICD lodged a submission with the Australian Accounting Standards Board on ED 302 Amendments to Australian Accounting Standards – Disclosures in Special Purpose Financia...
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