
Publication
Essential Corporate News – Week ending 11 July 2025
On 1 July 2025, the Quoted Companies Alliance (QCA) published three new board committee guides to accompany the QCA Environmental and Social Guide published in December 2024.
Author:
Australia | Publication | April 2021
This article was co-authored with Emily Shaw.
On Thursday 22 April 2021, ASIC released Consultation Paper 340, seeking feedback on its draft guidance to the upcoming breach reporting and remediation reforms which will come into effect on 1 October 2021. The consultation period closes on 3 June 2021, with ASIC intending to publish final guidance and an information sheet later this year.
The reforms strengthen the breach reporting regime for financial services licensees and introduces new obligations for credit licensees. See our insight here for more details.
The consultation paper includes 2 attachments: draft regulatory guide 78 on breach reporting and an information sheet regarding the new notify, investigate and remediate obligations. Read the draft regulatory guide and information sheet here.
The reforms are extensive and onerous in many respects. They are interconnected to each other and other reforms that also land in October 2021. In ASIC’s words, the reforms are designed to strengthen and clarify the breach reporting obligations in order to provide greater certainty for the industry and to ensure that breach reports are timely and consistent. ASIC uses the information provided in breach reports to detect non-compliance and misconduct early - ASIC expects that this will remain a critical feature of the new and improved regime.
Publication
On 1 July 2025, the Quoted Companies Alliance (QCA) published three new board committee guides to accompany the QCA Environmental and Social Guide published in December 2024.
Publication
In the two years since our last climate litigation update, the prevalence and variety of global climate litigation around the world has continued to increase.
Publication
Selon un rapport conjoint du Bureau du surintendant des institutions financières (BSIF) et de l’Agence de la consommation en matière financière du Canada (ACFC), environ 70 % des institutions financières fédérales prévoient utiliser l’IA d’ici 2026 .
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