Newsletter
Year: 2018
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Don’t forget to notify ASIC of your AFCA membership
Members of Australia’s new financial services dispute resolution scheme, the Australian Financial Complaints Authority (AFCA), will incur late fees if they don’t notify the Australian Securities and Investments Commission (ASIC) of their membership by 30 November 2018.
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The TCFD’s report card on climate change disclosure
Many companies report on environmental issues, but most have yet to specifically provide the market with consistent information on the financial implications of climate change for their businesses.
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Five Ways to Raise Your Board’s Digital IQ
Technology is at the forefront of every industry and while board refreshment may not happen soon enough for some companies, they can still raise the digital expertise of the board by leveraging existing members. According to this whitepaper, there are five ways in which you can raise your board’s digital IQ.
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APRA’s takeaways from BEAR’s initial implementation
Clear accountability is the necessary foundation for any institution in establishing and promoting good governance and a strong risk culture. That’s the message from the Australian Prudential Regulation Authority (APRA) in an information paper released in October to help authorised deposit-taking institutions (ADIs) meet their obligations under the Banking Executive Accountability Regime (BEAR).
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Regulation and changed expectations could hamper governance
Company secretaries and other governance professionals are concerned about extensive regulation and worry that changing public expectations could affect the future development of governance, according to a new survey conducted by ICSA: The Governance Institute in the UK.
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Government consults on stiffer penalties for corporate misconduct
Draft legislation to strengthen penalties for corporate and financial sector misconduct has been released by the government for public consultation. Assistant Treasurer Stuart Robert says the aim is to ensure the Australian Securities and Investments Commission (ASIC) has the powers it needs to take strong action to protect consumers from corporate wrongdoing.