Governance Institute blog

The NFP puzzle starts to take shape

Posted by Judith Fox, Director, Policy on 19/02/2013

The commencement of the Australian Charities and Not-for-profits Commission (ACNC) in December last year saw the register of charities move from the Australian Tax Office to the new regulator immediately. All existing charities were ‘grandfathered’ into the new regulatory framework.

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Disclosure: when and what?

Posted by Judith Fox, Director, Policy on 22/10/2012

Back in March this year we held a Roundtable with ASX, ASIC, non-executive directors, company secretaries, general counsel and CFOs on the challenges inherent in making announcements to the market about price-sensitive information.

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Politics not doing any favours for the NFP sector

Posted by Judith Fox, Director, Policy on 17/09/2012

The passage of the legislation to establish Australia’s first NFP regulator, the Australian Charities and Not-for-profits Commission (ACNC), is embroiled in party politics.

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NFP reform coming together

Posted by Judith Fox, Director, Policy on 31/08/2012

There has been a great deal of angst over the reform to the NFP regulatory framework over the past months. The version of legislation to establish the Australian Charities and Not-for-profits Commission (ACNC) that was issued at the start of the year was deeply worrying, as it mixed up prescriptive detail about governance arrangements for charities and other NFPs with the statutory and enforcement powers of the new regulator.

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Finally some sense in regulatory reform of the NFP sector

Posted by Judith Fox, Director, Policy on 18/05/2012

For months, CSA has been plugging for the separation of the legislation establishing the new regulator, the ACNC, from the legislation governing the entities it regulates. It often felt that our commonsense approach was falling on deaf ears, but it did not stop us trying every method available to us to get the message through.

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Opinion piece: What’s not clear on disclosure — AFR

Posted by Tim Sheehy, Chief Executive on 03/04/2012

When asked when directors should disclose market-sensitive information, Australian Securities and Investments Commission chairman Greg Medcraft is quoted as saying: ‘Well, it says immediately. It seems pretty clear to me.’ What is so clear to Mr Medcraft is very unclear to the rest of us.

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