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Boards need to step up on cyber security

09/05/2017

Boards are rising to the challenges of cyber risk, but still have a way to go when it comes to being prepared and resilient against security threats. That’s one of the findings of the ASX 100 Cyber Health Check, released in April, to gauge for the first time how ASX 100 boards view and manage their exposure to the rapidly evolving cyber world.

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ACSI turns up the heat on male only boards

09/05/2017

Time is running out for companies without women directors or any plans to improve gender diversity on their boards, says the Australian Council of Superannuation Investors (ACSI). Indeed, the super fund grouping, whose members own around ten per cent of the average ASX 200 company, plans to start voting against the sitting directors of these companies in 2017.

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Should Aussies become bounty hunters?

09/05/2017

Providing whistleblowers with a bounty or reward could lead to a vigilante culture and to people exploiting whistleblowing for financial gain rather than a response to perceived or actual wrongdoings. That is the view of Governance Institute which appeared before the Parliamentary Joint Committee on Corporations and Financial Services Inquiry into Whistleblower Protections in Canberra in April.

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Towards new laws for whistleblowing

09/05/2017

The world’s largest research project into whistleblowing reinforces the need for a stand-alone, ‘one-stop-shop’ Act for corporate whistleblowers, according to Governance Institute. This is because regulator-specific provisions across many pieces of legislation have not provided the best protection for those exposing misconduct.

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Why culture counts

09/05/2017

For those interested in corporate culture executive director at KordaMentha Corporate, Heather Brown has written a ‘must read’ blog. In her blog post Brown makes the point that the concept of culture is moving from a lofty, soft concept to something that should be defined, measured and improved and she is not alone in that observation.

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How regtech is changing regulation and compliance

12/04/2017

While its vision remained the same, the way in which the Australian Securities and Investments Commission (ASIC) was approaching regulation was transforming, thanks to advancements in regulatory technology or ‘regtech’, according to ASIC’s chairman Greg Medcraft.

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Latest media releases

New research confirms protections for whistleblowing ‘a must’

04/05/2017

The interim findings of the  world’s largest research project into whistleblowing by Griffith University reinforces the need for a stand-alone, ‘one-stop-shop’ Act for corporate whistleblowers claims Governance Institute of Australia, saying that regulator -specific provisions across many pieces of legislation do not provide the best protection for those exposing misconduct.

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Directors must have the option to return insolvent companies to profitability

27/04/2017

Governance Institute of Australia is of the strong view that directors must have the option to be able to return a company to profitability, claiming this will deliver better outcomes  for all stakeholders including creditors who are more likely to be paid as the business is returned to viability.

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Governance Institute launches ‘must-have’ guide for aged care directors

20/02/2017

With profitability, return on assets and equity under pressure in what is soon to be the largest employer in the country, Governance Institute of Australia’s Adding value to governance in aged care is a ‘must have’ guide for directors and senior management facing the governance challenges of a sector going through unprecedented disruption.

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Governance Institute calls for ‘one-stop’ shop for whistleblowers

15/02/2017

Governance Institute has called for a stand-alone, ‘one-stop-shop’ Act for corporate whistleblowers, saying that regulator -specific provisions across many pieces of legislation will not provide the best protection for those exposing misconduct.

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Proposed ASIC funding model will subsidise poor corporate behaviour

19/12/2016

The funding model for ASIC being proposed by the Federal Government is likely to result in-well run and well-governed entities subsidising entities exhibiting poor corporate behaviour, claims Governance Institute of Australia.

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Governance Institute awards scholarships to three high-achievers

14/12/2016

Governance Institute of Australia has awarded the 2016 Leonard Watson Chant Legacy postgraduate governance scholarship to three outstanding professionals. 

The scholarship covers the fees for each student’s preferred governance course, up to a maximum of AUD$13,038.

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