Compliance

Operational GRC is often overlooked but it is just as important as financial GRC and potentially carries more risk. Operational GRC is accountable to a wide range of local and national regulators,…

The government has announced plans to extend the Banking Executive Accountability Regime (the BEAR) to the superannuation and insurance industries. It is wise for affected governance professionals…

A bill recently passed by Parliament may affect the lawfulness of your existing intellectual property (IP) contracts by extending competition law prohibitions to those contracts If your IP…

The Commonwealth Modern Slavery Act 2018 commenced on 1 January 2019 and the NSW legislation is awaiting proclamation before commencement. Reporting entities will be required to submit an annual…

In achieving financially sustainable results, boards and senior leaders must ensure the means are both ethical and prudent. Creating a desirable workplace culture takes both a ‘top-down’ and…

The draft Treasury Laws Amendment (ASIC Enforcement) Bill 2018 was released for public consultation following the ASIC Enforcement Review Taskforce recommendations for a stronger penalty…

ASIC has announced a new and more intensive supervisory approach by regularly placing ASIC staff onsite in major financial institutions to closely monitor their governance and compliance with…

Effective corporate governance guidance is available in standards issued by International Organization for Standardization (ISO) and Standards Australia (SA). This article provides an overview of…

The ATO has issued its final ruling and a new draft practical compliance guideline. Determination of the location of a company's central management and control is a three-step process. The…

Every organisation is faced with conduct risk. How can an organisation ensure that its people are willing and enabled to consistently make good decisions? The organisation needs to be clear about…

A listing brings companies a greatly increased level of exposure. The general state of domestic and global financial markets, and forecasts for those markets, is relevant to the decision as to…

Risk management needs to become more strategic focused than reactive. Common risk analysis techniques fail to recognise both the benefit and detriment in uncertainty. A risk array provides a far…

Modern slavery reporting requires businesses to map their supply chain and analyse their modern slavery risk. Under the reporting requirements supply chain is not limited to first-tier…