On 26 August 2021, the Australasian Centre for Corporate Responsibility ("ACCR") initiated proceedings against Australian gas-producer Santos Limited, challenging statements and policies which the ACCR considered...more
On 10 August 2021, the Australian Parliament passed the Treasury Laws Amendment (2021 Measures No. 1) Bill, which will permanently reform its continuous disclosure regime and related prohibitions on misleading conduct by...more
Following in the footsteps of its international counterparts, the Australian Prudential Regulation Authority ("APRA") is ramping up its guidance on the management of climate-related risks.
On 22 April 2021, APRA released...more
The Situation: After conducting a period of market surveillance, Australian Securities & Investments Commission ("ASIC") Commissioner Cathie Armour recently released a statement reiterating ASIC's expectation that disclosing...more
The Situation: Australia's Federal Government has announced that it intends to make permanent reforms introduced during the COVID-19 pandemic to continuous disclosure requirements for ASX-listed companies. The temporary...more
Sweeping changes to corporate whistleblowing laws in Australia came into effect on 1 July 2019. The reforms provide for a range of additional protections to eligible whistleblowers, including a right of...more
7/24/2019
/ Anonymity ,
Australia ,
Corporate Counsel ,
Disclosure Requirements ,
Dodd-Frank ,
Employer Liability Issues ,
New Legislation ,
Private Sector ,
Protected Disclosures ,
Retaliation ,
Risk Mitigation ,
Securities and Exchange Commission (SEC) ,
Whistleblower Protection Policies
The Situation: Currently, limited protections exist in Australia for private sector whistleblowers against victimization and detrimental treatment.
The Development: The Australian government has released draft law that...more
11/2/2017
/ ASIC ,
Auditors ,
Australia ,
Competition Authorities ,
Corporate Misconduct ,
Disclosure Requirements ,
Financial Institutions ,
Indemnification ,
Insurance Industry ,
Ombudsman ,
Police ,
Private Sector ,
Proposed Legislation ,
Superannuation ,
Trustees ,
Whistleblower Protection Policies ,
Whistleblowers