Newsletter

Latest news & updates

  • UK — Davies Report about women on boards

    04/03/2011

    A report by Lord Davies, Women on Boards, has found that in 2010 women made up 12.5 per cent of the members of the boards of companies in the FTSE 100 in the UK. This was an increase from 9.4 per cent since 2004.

    Read more
  • Clarity on voting in bill on remuneration reform

    04/03/2011

    CSA had been very concerned with the consequences of the prohibition on (key management personnel (KMPs) on voting undirected proxies on remuneration-related issued and the proposals on cherry picking as they appeared in the exposure draft. We are therefore very pleased to see that our concerns have been heeded in the Corporations Amendment (Improving Accountability of Director and Executive Remuneration) Bill 2011.

    Read more
  • ASIC wins appeal in continuous disclosure case with Fortescue Metals

    04/03/2011

    The Full Court of the Federal Court of Australia upheld the appeal by the Australian Securities and Investments Commission (ASIC) against the Fortescue Metals Group (Fortescue) and its Chief Executive Officer, Andrew Forrest in ASIC v Fortescue Metals Group Ltd [2011] FCAFC 19.

    Read more
  • Role of company secretary — James Hardie case developments and implications

    03/02/2011

    Former James Hardie General Counsel and Company Secretary Peter Shafron has applied for special leave to appeal to the High Court to try to reverse the findings of the New South Wales Court of Appeal. He argues that the court erred on a number of fronts.

    Read more
  • ASX amends Listing Rule on off-market transfers and releases consultation paper about accelerated rights issues

    31/01/2011

    ASX has advised that an amendment to Listing Rule 8.14 has come into effect to enable listed entities and their registries to charge a reasonable fee for registering paper-based off-market transfers. Listed entities must notify ASX Listings of the amounts which they propose to charge, and also produce sufficient evidence to allow ASX Listings to determine if the fee proposed is reasonable, before they may start charging the fee.

    Read more
  • SEC adopts ‘say on pay’ rules from Dodd-Frank Act

    20/01/2011

    The US Securities and Exchange Commission (SEC) has adopted rules on shareholder approval of executive remuneration and ‘golden parachutes’ as mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

    Read more
463 - 468 of 468