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Content Type:
Policy Submission
30 Mar 2011
This submission to Federal Treasury sets out our views on the Discussion Paper 'The clawback of executive remuneration where financial statements are materially misstated', released by the Federal Government on 20 December 2010.
We noted our strong opposition to a mandated clawback provisi...
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Content Type:
Policy Submission
13 Aug 2010
On 13 August 2010, the Australian Institute of Company Directors wrote to the Corporations and Markets Advisory Committee (CAMAC) setting out our views on the requirements that apply to remuneration reports and on simplification of the incentive components of executive remuneration arrangements. In ...
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Content Type:
Policy Submission
27 May 2010
In a submission dated 27 May 2010 the Australian Institute of Company Directors provided its response to the Australian Securities Exchange’s Exposure Draft “Listing Rule Amendments- New Requirements for a Remuneration Committee and a Company Trading Policy”. The submission outlines broad support fo...
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Content Type:
Policy Submission
08 Dec 2009
In this submission AICD argues that in order to support investor confidence and market integrity, equity derivatives held by directors should be required to be disclosed under section 205G Corporations Act like other securities.
AICD Submission to Treasury on disclosure of equity der...
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Content Type:
Policy Submission
06 Nov 2009
On 6 November 2009 AICD wrote to the Productivity Commission expressing its views on a set of executive remuneration proposals released by the Commission on 30 September 2009. AICD commended the balanced and factual approach taken by the Commission, but expressed concern regarding some of the propos...
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Content Type:
Policy Submission
02 Oct 2009
In a submission dated 2 October 2009 to the Board of Taxation, AICD expressed concern about moving the taxation point for options granted to SME directors, executives and other employees from the date of option exercise to the date of option vesting. Such a change would inhibit the ability of SMEs t...
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Content Type:
Policy Submission
17 Jul 2009
On 17 July 2009 AICD provided a submission to the Senate Economics Legislation Committee in response to its inquiry into the Corporations Amendment (Improving Accountability on Termination Payments) Bill 2009. The submission outlines AICD’s concerns with the Bill, including the proposed low threshol...
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Content Type:
Policy Submission
16 Jul 2009
On 16 July 2009 AICD provided a submission in connection with the Inquiry being undertaken by the Senate Economics References Committee into Employee Share Schemes. In the submission AICD outlines its concerns with Federal Government proposals to reform the taxation arrangements for employee share p...
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Content Type:
Policy Submission
23 Jun 2009
On 23 June 2009 AICD wrote to the International Corporate Governance Network (ICGN) setting out its views on proposed changes to the ICGN’s guidelines on the remuneration of non-executive directors. In its letter AICD provided feedback on matters such as proposed guidance on minimum director share h...
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Content Type:
Policy Submission
16 Jun 2009
On 5 June 2009 the Federal Government released the draft Tax Laws Amendment (Employee share schemes) Bill 2009. In a letter to the Assistant Treasurer, the Hon Nick Sherry, dated 16 June 2009 AICD set out its concerns with the draft Bill. These concerns include the adverse impact the proposed measur...
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Content Type:
Policy Submission
29 May 2009
On 29 May 2009 AICD lodged a submission with Federal Treasury in response to the Exposure Draft "Corporations Amendment (Improving Accountability on Termination Payments) Bill 2009" (issued on 5 May 2009). The submission outlines AICD's concerns with the draft Bill including its impact on the intern...
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Content Type:
Policy Submission
19 Mar 2009
This submission provides some comments from AICD to the Australian Shareholders Association (ASA) on its draft policy statement on executive remuneration.
It includes AICD's views regarding statutory restrictions on executive remuneration, binding shareholder vote and executive termination payme...
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Content Type:
Policy Submission
02 Mar 2009
Letter to the Chairman, Federal Opposition Policy Review outlining our higher policy priorities which includes:1. Process of policy development and legislative/regulatory reform2. Remuneration3. Directors Liability4 .Directing in difficult times5. Market integrity6. Shareholder engagement7. Environm...