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Content Type:
Policy Submission
02 Jun 2009
PPFs are a form of ancillary trust fund designed to encourage private philanthropy by providing private groups, such as businesses, families and individuals with greater flexibility to start their own trust funds for philanthropic purposes. AICD is concerned that provisions in the Exposure Draft wil...
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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
29 May 2009
On 29 May 2009 AICD lodged a submission with the Productivity Commission in response to the Commission's Issues Paper titled "Regulation of Director and Executive Remuneration in Australia" (issued April 2009). The 70 page submission covers many different aspects of NED and Executive Remuneration, i...
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Content Type:
Policy Submission
22 May 2009
This submission supports the national harmonization of consumer legislation where it leads to greater clarity for directors as to the laws with which they and their companies must comply. However, the submission cautions that the proposed unfair contract provisions have the potential to introduce un...
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Content Type:
Policy Submission
08 Apr 2009
This submission provides some comments from AICD to the Department of Climate Change on its Carbon Pollution Reduction Scheme legislation.
As the peak organisation for directors and corporate governance, our submission deals only with the liability of officers of companies under Part 20 - liabil...
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Content Type:
Policy Submission
06 Apr 2009
This submission provides some comments from AICD to Treasury on its short selling disclosure regime consultation paper.
AICD is concerned that there is potential to circumvent the proposed disclosure arrangements and the information elicited via these proposals may have limited usefulness. It is...
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Content Type:
Policy Submission
10 Mar 2009
Submission to Executive Director, Corporations and Market Advisory Committee (CAMAC)AICD considers that changes to the law should only be made if the current law is found to be inadequate. Any new laws should be proportionate to the matter being regulated and minimise unintended consequences. This s...
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Content Type:
Policy Submission
25 Nov 2008
Submission to Senate Economics Committee Inquiry into Corporations Amendment (Short Selling) Bill 2008
AICD has concerns that there is great potential to circumvent the propsed disclosure arrangements in the bill and the information elicited via these proposals may have limited usefulness. I...
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Content Type:
Policy Submission
23 Oct 2008
Submission to Treasury on the regulation of and the disclosure regime applying to short selling. AICD is concerned that:
there is great potential to circumvent the proposed disclosure arrangements in the Bill, and
the information elicited via these proposals may have limited...
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Content Type:
Policy Submission
14 Jul 2008
AICD's answers to the specific questions posed by the review (see submission below) are underpinned by the following key principles:
laws should be uniform
mutuality of obligation between employers and employees
burden of proof should not be reversed
...
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Content Type:
Policy Submission
03 Jul 2008
Despite alleged recent abuses of margin lending arrangements, AICD considers that no fundamental overhaul of the regulatory oversight of such transactions is required, just incremental improvement. Appropriate regulation regarding disclosure already exists which provides the necessary flexibility fo...
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Content Type:
Policy Submission
22 May 2008
Following on from its 2007 submission to the PJC Inquiry into Shareholder Engagement and Participation, AICD appeared before the PJC at its public hearings held on 16/4/08. The documents on this page comprise the transcript of hearing and responses to question on notice.
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Content Type:
Policy Submission
07 Dec 2007
This submission to the Australian Law Reform Commission on privacy law supports a statutory right to privacy preventing inappropriate disclosure of personal information. A statutory cause of action could be readily capable of misuse. View the PDF
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Content Type:
Policy Submission
30 Aug 2007
AICD supports the removal of the existing requirement for unlisted SMEs to comply with full International Financial Reporting Standards. The proposed IFRS for SMEs is too still far too complex for small unlisted entities. The reporting entity concept should be retained. AICD believes that it is incu...
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Content Type:
Policy Submission
17 Aug 2007
AICD considers that compliance with IFRS imposes an unreasonable burden on many smaller unlisted public companies, often consuming a significant proportion of shareholder funds. Where these companies fall under the current non reporting entity classification, it should remain a matter for relevant s...
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Content Type:
Policy Submission
13 Jun 2007
Submission to the Australian Law Reform Commission on Client legal privilege and Federal investigatory bodies. AICD considers that client legal privilege is a public good and that there is no clear evidence supporting the abrogation of the privilege.
Client Legal Privilege
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Content Type:
Policy Submission
08 Jun 2007
Submission to Treasury reviewing sanctions for directors in corporate law. The submission covers responsive regulation and responsible risk taking, criminal, civil and administrative sanctions and better defining the contravention.
Review Of Sanctions In Corporate Law
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Content Type:
Policy Submission
28 May 2007
AICD does not regard the infringement notice provisions as a success nor significantly contributing to compliance with the continuous disclosure regime under the Corporations Act 2001. Infringement Notices
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Content Type:
Policy Submission
25 May 2007
AICD supports in principle the proposal to disqualify directors in Australia who are banned in New Zealand.
Submission to Treasury supporting the proposed harmonisation of director disqualifications between Australia and New Zealand.
Proposal To Amend Corps Act Automatic Disqua...
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Content Type:
Policy Submission
25 May 2007
Submission to Treasury on the Insider Trading position and consultation paper.
InsiderTrading