Generating financial value is the key for any successful business, but generating sustainable value is still largely aspirational despite global movements to include more than the balance sheet when valuing a business or investments.
‘Blowing the whistle’ – after a lengthy consultation phase, the draft Treasury Laws Amendment (Enhancing Whistleblower Protections) Bill 2017 (Cth) (Bill) is currently before Parliament having gone through two readings. The aim of the Bill is to create a comprehensive and concise whistleblower protection regime within the Corporations Act 2001 (Cth) (Corporations Act) that extends to the private sector and, in particular, to the corporate, financial and credit industries. Is your corporation, and more importantly are your staff, ready for the changes?
In a global marketplace, businesses risk reputational damage and losing consumer conﬁdence and market share if they are found to have modern slavery practices within their business or supply chains. But there are some simple steps that can help business prepare for the passage of the Australian modern slavery legislation.
In this article, we look at the ASX Corporate Governance Council’s current consultation on proposals to update and issue a fourth edition of its Corporate Governance Principles and Recommendations (CGPRs). The Office of the Australian Information Commissioner’s (OAIC) recently released detailed guidance to assist Australian businesses to understand the new requirements in the European Union (EU) General Data Protection Regulation (GDPR) and how to comply simultaneously with EU and Australian privacy laws.