Topic: Liability and Compliance

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New guidance for directors on minute-taking law and practice

Since the Financial Services Royal Commission, the practice and law regarding board minutes has attracted renewed interest in governance circles.

Culture and accountability to remain in spotlight with ALRC review

The pending ALRC review into criminal liability means corporate culture and accountability are still under scrutiny, says Professor Pamela Hanrahan.

Australian Law Reform Commission to examine corporate crime regime

On the eve of this year’s Federal election, The Attorney-General, Christian Porter, tasked the Australian Law Reform Commission (ALRC) with examining Australia’s corporate criminal respons...

Directors’ rights to ask questions and get legal advice

Jones Day Partners Tim L’Estrange and Michael Lishman, and Of Counsel Courtney Dixon, discuss your important rights as a director to get information and to receive independent legal advice paid for by...

ALRC review into Australia’s corporate criminal responsibility regime

On 10 May 2019, the AICD provided a submission to the Australian Law Reform Commission regarding the scope of its inquiry into the corporate criminal responsibility regime.

AICD responds to ALRC review of corporate criminal responsibility regime

Today’s announcement of an Australian Law Reform Commission (ALRC) review of Australia’s corporate criminal responsibility regime provides a further opportunity to assess the full accountability frame...

Tougher new ASIC warns directors

In last week’s federal Budget, The Australian Securities and Investments Commission (ASIC) was awarded more than $400 million in extra annual funding over four years, 25 per cent more than last year. ...

3 regulatory shifts that directors should heed

Professor Pamela Hanrahan identifies 3 major changes to the liability and regulatory environment for boards.

Principle 9: Conduct and compliance

The expectations of behaviour for the people involved in the organisation are clear and understood.

Whistleblower legislation passes Senate

The Treasury Laws Amendment (Enhancing Whistleblower Protections) Bill 2018 has passed through the Senate and is expected to be approved by the House of Representatives early next year.
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