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In an article originally published in the March edition of the Company Director Magazine Australian Securities and Investments Commission (ASIC) Commissioner Sean Hughes reminded company directors to not wait until it too late to review their
whistleblower policies.

He writes, “ One of our priorities this year is to review whistleblower prog...

By Kwame Slusher

Thursday 17 March 2022



Australian Securities & Investments Commission

 

 
 
 

Australian Prudential R...

By Kwame Slusher



ESG has been  an increasing focus for companies and regulators. 

The recent floods in Queensland and New South Wales have returned discourse around the climate change and climate change policies under the spotlight. 

In relation to the floods, the Climate Council writes in list of
key findings  that  they released along with their report, “...

By Kwame Slusher

Friday 11 March 2022




Earlier this month the Australian Competition and Consumer Commission (ACCC) released the compliance and enforcement priorities for 2022 and 2023, but organisations their obligations not explicitly mentioned in the priorities. 

The ACCC  chair Rod Sims said in an official statement, “The ACCC’s compliance and enforcement work is not limited ...

By Kwame Slusher

Friday 11 March 2022


 
This week saw the Australian Securities and Investments Commission (ASIC) introduce new market integrity rules.

The new rules focused on technological and operational resilience rules , prohibition on payment for order flow and deregulatory, and minor administrative amendments.
ASIC Commissioner Cathie Armour said in an official statement , ...

By Kwame Slusher


 
Rio Tinto will pay a $750, 000 fine for failing in their continuous disclosure obligations between December 2012 to January 2013. 

Australian Securities and Investments Commission (ASIC) ASIC Deputy Chair Sarah Court said in an official statement, “Rio Tinto had obligations to the market to keep it adequately informed about its mining project...

By Kwame Slusher




Australian Securities & Investments Commission

 

 
 

Australian Prudential Regulation Authority


  • Proposed changes to the quarterly a...

By Kwame Slusher






Happy International Women's Day!
 
GRC Institute CEO Naomi Burley talks about the CP350 Consumer Remediation submission and the further work done on the three lines of Accountability by the GRC Institute Alumn...

By Kwame Slusher

Friday 4 March 2022



 
CIMIC, formerly of Leighton Holdings, is in the news again for the failing to pay workers in the middle east arm of the business, BICC. 

The report highlighted that CIMIC would have been able get away without paying their workers in Australia on the same scale. 


https://www.abc.net.au/7.30/hundreds-of-foreign-workers-left-in-limbo-by/13781...

By Kwame Slusher


 
How would you rate yourself  climate change risk assessment?

This week the Australian Prudential and Regulation Authority (APRA) to fill out a survey to give the regulator a better understanding of how their regulated entities is assessing and managing climate change risk. 

In their statement to industry the regulator highlighted that they...

By Kwame Slusher