Newsletter: Regulatory Updates

Are you ready for the Third Edition?

Post 30 June 2015 we understand that attention will be focused on how best to communicate the financial performance of the Company to shareholders, dealing with auditors and complying with the multitude of Accounting Standards.

 ASX listed companies are also required to:

 provide a corporate governance statement either within the annual report or separately on the Company website;

  • measure their governance practices against the Third edition of the ASX Corporate Governance Council Corporate Governance Principles and Recommendations (ASX CGPR), which includes nine new recommendations. These new requirements recommended by the ASX Corporate Governance Council cover topics such as the composition of a board skills matrix, board performance reviews, disclosure of material exposure to economic, environmental and social sustainability risks and internal audit requirements; and
  • provide an Appendix 4G to the ASX on the day of release of its annual financial results, the form of which was updated by the ASX as recently as 14 May 2015.

 Please click here for the PDF of the document should you wish to have a more indepth discussion please call Mark or Matt on 03 8689 9997.