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Content Type:
Policy Submission
07 Jun 2013
On 7 June 2013, the Australian Institute of Company Directors lodged a submission in response to the United Kingdom’s Financial Reporting Council’s consultation paper, Implementing the recommendations of the Sharman Panel (Consultation Paper).
In summary, Company Directors comments are as ...
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Content Type:
Policy Submission
28 Mar 2013
On 28 March 2013 the Australian Institute of Company Directors provided comments to Treasury on the Corporations Legislation Amendment (Improving Accountability on Termination Payments) Act 2009 (the Act) to be used as input into the Post-Implementation Review of the Act.
In summary, our key com...
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Content Type:
Policy Submission
28 Mar 2013
On 28 March 2013 the Australian Institute of Company Directors lodged a submission with the Australian Accounting Standards Board (AASB) in response to their exposure draft ED 233: Australian Additional Disclosures – Investment Entities (ED 233).
The Australian Institute of Company Directors do n...
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Content Type:
Policy Submission
14 Mar 2013
On 14 March 2013 the Australian Institute of Company Directors provided a submission to Treasury in response to their exposure draft, Corporations Legislation Amendment (Remuneration Disclosure and Other Measures) Bill 2012 (Exposure Draft). This Exposure Draft dealt with amongst other things, chang...
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Content Type:
Policy Submission
13 Mar 2013
On 13 March 2013, the Australian Institute of Company Directors, at the request of ASIC, provided additional comments in regard to ASIC Consultation Paper 185 – Litigation Schemes and Proof of Debt Schemes - Managing Conflicts of Interest.
We responded to the following two questions posed by ASI...
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Content Type:
Policy Submission
18 Feb 2013
On 11 February 2013 Company Directors wrote a letter to Standards Australia, discussing the proposed compliance management standards.
Download the submission to Standards Australia on compliance management standards (PDF 700 KB).
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Content Type:
Policy Submission
21 Dec 2012
This submission relates to the Exposure Draft of the Human Rights and Anti-Discrimination Bill 2012, which was referred on 21 November 2012 by the Senate to the Senate Legal and Constitutional Affairs Committee for inquiry and report.
In the submission, we support the Bill to the extent that it ...
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Content Type:
Policy Submission
23 Oct 2012
This submission is in response to ASX’s Consultation Paper “ASX BookBuild®: Bringing efficiency, fairness and transparency to the primary equity market”, released during September 2012.
In the submission, we express support for ASX BookBuild® being made available to large and other listed compan...
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Content Type:
Policy Submission
20 Jul 2012
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...
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Content Type:
Policy Submission
28 Jun 2012
This submission is in response to the Australian Government’s Exposure Draft of the Personal Liability for Corporate Fault Reform Bill 2012 (C’th)(second tranche)(the Draft Bill).
The Australian Institute of Company Directors has closely monitored the progress of the current COAG reform...
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Content Type:
Policy Submission
16 May 2012
This submission relates to the exposure draft of the Superannuation Legislation Amendment (Further MySuper and Transparency Measures) Bill 2012.
The submission focuses on the following matters:
• the collection and disclosure of information generally;• the disclosure of remuneration...
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Content Type:
Policy Submission
02 May 2012
This submission to the Business Tax Division of the Treasury is regarding the Tax Laws Amendment (2012 Measures No. 2) Bill 2012.
The Australian Institute of Company Directors has significant reservations about the Bill. The Bill proposes to extend the personal liability of directors to...
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Content Type:
Policy Submission
11 Apr 2012
This submission, lodged with the Senate Economics Legislation Committee, is regarding the Corporations Amendment (Phoenixing and Other Measures) Bill 2012. The Bill gives ASIC powers to wind up companies if particular conditions are met, allows for the publication of external administration notices ...
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Content Type:
Policy Submission
16 Mar 2012
This submission is in response to the Australian Government’s independent review of its regulatory impact assessment (RIA) process, announced by the Department of Finance and Deregulation on 13 December 2011.
The Australian Institute of Company Directors is interested to ensure that the...
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Content Type:
Policy Submission
15 Mar 2012
Our recent policy submissions span the not-for-profit (NFP) sector, anti-phoenix legislation and dividend payments.
What underpins the rationale for our policy team making submissions in relation to each of these issues is how they affect our members.
Australian Cha...
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Content Type:
Policy Submission
29 Feb 2012
This submission to Treasury is in response to the Exposure Draft of the Corporations Amendment (Similar Names) Bill 2012.
The purpose of the Bill is to prevent operators of phoenix companies from exploiting the concept of limited liability by setting up new companies for the p...
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Content Type:
Policy Submission
27 Jan 2012
This submission to Treasury is in response to the draft Corporations Amendment Regulations relating to litigation funding.
We remain of the view that funded class actions brought against corporations and directors often due to their size and scale can impose costs on the public in the form of hi...
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Content Type:
Policy Submission
24 Jan 2012
This submission to Treasury is in response to the exposure draft of the Corporations Amendment (Phoenixing and Other Measures) Bill 2012.
While we support effective efforts to reduce fraudulent phoenix activity, we are eager to ensure that measures adopted to curtail the activ...
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Content Type:
Policy Submission
13 Jan 2012
This submission relates to the exposure draft of the Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) Bill 2012. This Bill is the second tranche of legislation implementing the Government’s MySuper and governance reforms as part of Stronger Super. In particular, th...
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Content Type:
Policy Submission
22 Dec 2011
This submission is in response to the discussion paper issued by the Australian Prudential Regulation Authority (APRA) in relation to prudential standards for superannuation. The submission relates to APRA’s proposed prudential standards and associated guidance material regarding governance-related ...