Insight

Cause and effect – what you need to know about consequence management frameworks

Consequence management frameworks (CMFs) are documents which set out how an entity ought to respond to instances of misconduct and risk management failures.

26 September 2023

Insight

Overview of ASIC’s regulatory activities in the first half of 2023

In this article, we discuss key enforcement and regulatory activities ASIC has undertaken in the first half of 2023.

26 September 2023

Insight

Best practice for board papers: do you really need separate privileged papers?

Providing legal advice to boards usually means providing a separate paper (or a privileged annexure).

26 September 2023

Insight

Failure to lodge financial reports – ASIC shows its teeth

ASIC has recently highlighted that one of its enforcement priorities is taking action against companies that do not comply with their obligation to lodge financial reports.

26 September 2023

Insight

Remuneration governance – director found liable as an accessory for wage theft: Fair Work Ombudsman v Chatime Australia Pty Ltd

The Federal Circuit Court has applied a strict interpretation of the accessorial liability provisions in the Fair Work Act 2009 (FW Act) to find a director to be personally liable for the underpayment of approximately 150 employees.

20 September 2023

Publication

Directions 2023

This year, opportunity is in the eye of the beholder. Directors and senior business leaders are asking themselves: is time to swim hard or tread water in the hope that conditions will improve?

04 September 2023