News & updates

Latest news & updates

ASIC's enforcement toolkit to broaden

07/11/2017

The government is looking to substantially raise corporate penalties for white collar crimes and to give the Australian Securities and Investments Commission (ASIC) the power to force companies to forfeit profits from any wrongdoings.

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Queensland gets tough with new industrial manslaughter laws

07/11/2017

Tough new industrial manslaughter laws have been passed by Queensland’s Parliament despite strong opposition from business groups and concerns about how these could affect the national harmonisation of Workplace Health and Safety laws.

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Moves to fix NFP fundraising

07/11/2017

Several moves are underway to restore faith in the fundraising activities of Australian charities amid some scandals here and abroad.

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More guidance released on the notifiable data breaches regime

07/11/2017

The Office of the Australian Information Commissioner (OAIC) has released further draft guidance on the Notifiable Data Breaches (NDB) regime that comes into effect in just over three months’ time.

The NDB scheme, which commences on 22 February 2018, will require private sector businesses and government agencies covered by the Australian Privacy Act 1988 to notify affected individuals as well as the head of the OAIC, the Australian Information Commissioner, of ‘eligible data breaches’.

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ASIC sees room for improvement in IPO docs

10/10/2017

Prospectuses are important to investors considering an Initial Public Offering (IPO), but the usability and credibility of these documents could be improved, according to the Australian Securities and Investments Commission (ASIC).

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Investors cautious about online shareholder meetings

10/10/2017

Although online streaming technologies have advanced significantly, institutional investors are not yet ready to fully embrace virtual shareholder meetings without reservation, according to the findings of the Institutional Shareholder Services’ (ISS) Governance Principles Survey.

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