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Across the Board: Non-executive Directors, Part 3
This is the third article in a series of three looking at non-executive directors’ duties, how these duties interact with the role non-executive directors play, and how organisations can get the most out of a non-executive director.
The Unreadable and the Unread: Online Consumer Contracts and the Law
Australian consumers regularly click to confirm that they have “read and agreed to” contracts online but do Australian companies have to write terms and conditions in a manner that can be understood by the average consumer? What if a consumer hasn’t even ‘clicked to view’ the terms and conditions of the online contract they have just agreed to? Like some kind of ‘contract zombie’, can these contracts be brought back from the unread?
Across the Board: Non-executive Directors, Part 2
The same legislative duties apply to both executive and non-executive directors. It is clear, however, that the commercial reality of the non-executive role means that the type of duty imposed on a non-executive director must be somewhat different to the duties imposed on an executive director.
ASIC Amps Up on Climate Risk Disclosure
ASIC has issued new guidance to assist stakeholders in complying with their climate risk disclosure obligations. These new updates supplement ASIC’s existing, high-level, principles-based regulatory disclosure guidance.
ASIC Releases New Licensing Framework for Foreign Financial Services Providers
Offshore financial services businesses operating in Australia brace for further changes as submissions close on the latest ASIC consultation paper.
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