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This submission to ASIC is in relation to Consultation Paper 185 – Managing Conflicts of Interest in Litigation and Proof of Debt Schemes. Company Directors has previously voiced concerns about the impact of complex class action litigation on companies, directors and Australia’s productivity.
This submission to the Australian Prudential Regulation Authority (APRA) is in response to the draft prudential standards for superannuation and APRA’s “Response to Submissions”, which were released on 27 April 2012.
In the submission, we focus on particular issues in the foll...