The Commonwealth Modern Slavery Act 2018 establishes Australia’s national modern slavery reporting requirement. Under the Act, certain large entities will be required to report publicly on their actions to assess and address modern slavery risks in their operation and supply chain.
Governance Institute’s policy efforts have not gone unnoticed, with ASIC Chair James Shipton acknowledging our contribution on minutes in a recent speech. The comments were made during Mr Shipton’s speech launching the Report on director and officer oversight of non-financial risk by ASIC’s Corporate Governance Taskforce.
With the 2019 AGM season upon us, there are many important themes that companies need to consider to ensure positive outcomes are achieved. Environmental, social and governance (ESG) issues are again top of mind for both companies and investors alike. Discover the emerging trends that are taking shape this AGM season.
Michelle Huckel talks about a new consultation paper by ASIC on its draft regulatory guide on whistleblower policies. She discusses who needs a whistleblower policy, by what date and the complexities of the guide. Michelle and our policy committees suggest that ASIC simplify the guide by making it more concise and less complex.