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Showing 1 - 10 of 213 results for "Company Directors"

ASIC's harsh words to directors: 'It's not meant to be easy'

ELIZA BAVIN  |  FRIDAY, 22 MAR 2024
Australian Securities and Investments Commission (ASIC) chair Joe Longo has had enough of company directors complaining about keeping up with their obligations. In a speech to the Australian Institute of Company Directors (AICD) Australian Governance ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
... disclosures to the market regulators, with remedies limited to "injunctions and declarations." Australian Institute of Company Directors managing director and chief executive Mark Rigotti said investors are "searching for higher quality and more fulsome ...

Boards unprepared for new workplace laws: Research

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023
... investigations can be made regardless of whether a complaint has been filed. Research from the Australian Institute of Company Directors (AICD) and the Australian Council of Superannuation Investors (ACSI) shows 85% of ASX300 directors believe workplace ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023
... scenario analysis as early as possible." Some industry bodies support the idea. The Australian Institute of Company Directors (AICD) says it "is an important measure that will support companies to develop their reporting maturity without undue fear of ...

Expect more greenwashing action: ASIC

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2023
... make sure entities are not misleading the market" on greenwashing, Longo said at the Australian Institute of Company Directors (AICD) Australian Governance Summit. On Tuesday, ASIC announced court proceedings against Mercer Superannuation (Australia) ...

Material business risk disclosure needs improvement: ASIC

KARREN VERGARA  |  MONDAY, 13 FEB 2023
... business risks in their annual reports, according to the corporate regulator. ASIC commissioner Sean Hughes warned company directors to pull up their socks when it comes to improving the quality of material risks disclosed, which ultimately affect shareholders ...

Platinum Asset Management adds stewardship lead

RACHEL ALEMBAKIS  |  FRIDAY, 10 FEB 2023
... company engagement and through fostering relationships with industry groups, such as the Australian Institute of Company Directors (AICD), Bailey said. Bailey highlighted disclosure around board skills as a concern. "Under the ASX Corporate Governance ...

AAT overturns ban on former Spaceship chair

CHLOE WALKER  |  MONDAY, 9 JAN 2023
... Bennetts was also banned in 2022 after he was found to have dishonestly obtained his Australian Institute of Company Directors qualification by having a subordinate employee - a compliance officer - complete his assessments without his involvement.

Cyber attacks scare directors: WTW

ELIZABETH MCARTHUR  |  FRIDAY, 22 APR 2022
Company directors are understandably spooked by the threat of cyber attacks, extortion and ransomware, a survey has found. The new survey from Willis Towers Watson and Clyde & Co identified the key risks for directors and officers of companies. Cyber-attacks ...

Proxy advice reforms defeated

RACHEL ALEMBAKIS  |  FRIDAY, 11 FEB 2022
... would have resulted in poorer transparency of investee companies' practices and performance. "Just like company directors, lawmakers must be held to high standards of governance," Rennie said. "Legislation should be justified, proportionate, consistent ...
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