JUMP TO
    eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJuYW1laWQiOiI2Y2MxOTU5OS0zMWRlLTQ3NzQtYTM1OC1lN2U4NTRiNzZmODMiLCJyb2xlIjoiQXBpVXNlciIsIm5iZiI6MTc0NzI2NjgzNywiZXhwIjoxNzQ3MjY4MDM3LCJpYXQiOjE3NDcyNjY4MzcsImlzcyI6Imh0dHBzOi8vd3d3Lm1pbnRlcmVsbGlzb24uY29tL2FydGljbGVzL2dvdmVybmFuY2UtbmV3cy0yNC1mZWJydWFyeS0yMDIxIiwiYXVkIjoiaHR0cHM6Ly93d3cubWludGVyZWxsaXNvbi5jb20vYXJ0aWNsZXMvZ292ZXJuYW5jZS1uZXdzLTI0LWZlYnJ1YXJ5LTIwMjEifQ.q9CMxPGVlKOaqKaSj1ygSJRzeCviAfJKGkyc8fJFP0g
    https://www.minterellison.com/articles/governance-news-24-february-2021
    CLOSE
    CONTACT US Search Minter Ellison
    • Post

    Governance News 24 February 2021

    50 minute read (PDF download)  24.02.2021 Mark Standen, Siobhan Doherty, Kate Hilder

    This week's news includes an overview of Treasury Laws Amendment (2021 Measures No. 1) Bill 2021 which proposes to temporarily extend and expand on the measures in Corporations (Coronavirus Economic Response Determination (No. 3) 2020 and to make permanent the temporary changes to continuous disclosure laws introduced in May 2020.  The issue also includes coverage of key ESG, financial services and regulatory developments and more…

    Full coverage of this weeks content is now available.

    Past issues are available

    read this issue
    eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJuYW1laWQiOiI3YzhlYjZjNC0wNDI1LTQzMDYtYTYwNS0zNmRiZmIxNjgzYjEiLCJyb2xlIjoiQXBpVXNlciIsIm5iZiI6MTc0NzI2NjgzNywiZXhwIjoxNzQ3MjY4MDM3LCJpYXQiOjE3NDcyNjY4MzcsImlzcyI6Imh0dHBzOi8vd3d3Lm1pbnRlcmVsbGlzb24uY29tL2FydGljbGVzL2dvdmVybmFuY2UtbmV3cy0yNC1mZWJydWFyeS0yMDIxIiwiYXVkIjoiaHR0cHM6Ly93d3cubWludGVyZWxsaXNvbi5jb20vYXJ0aWNsZXMvZ292ZXJuYW5jZS1uZXdzLTI0LWZlYnJ1YXJ5LTIwMjEifQ._JFLJmFMfnIPrYW-UZqfCpmXOrL28p7HeGEPI_w4_0o
    https://www.minterellison.com/articles/governance-news-24-february-2021

    Our most recent top stories

    Receive Governance News in your inbox.

    We provide weekly summaries of key regulatory and governance developments in Australia and overseas.

    Subscribe

    Diversity Navigation Show below Hide below

    • State Street calls on companies to improve disclosure of racial/ethnic diversity information
    • US: More women are being included on IPO boards
    • COVID-19: UK EHRC announces six month grace period on pay gap reporting
       

    Shareholder Activism Navigation Show below Hide below

    • Say on Climate: The ACCR has welcomed Rio Tinto's commitment to put its climate strategy to a shareholder vote in 2022
    • 2030 isn't soon enough? Market Forces calls on insurer to strengthen its existing climate commitments
       

    Institutional Shareholders and Stewardship Navigation Show below Hide below

    • Climate Action 100+ highlights five proposals to watch heading into the 2021 proxy season
    • Shift in stance on shareholder proposals: Institutional investors including BlackRock and Vanguard vote in support of shareholder ESG resolutions at Tyson Foods Inc
    • Call on climate initiative launched: Investors renew calls for countries to 'back their net zero targets' by putting a price on carbon
       

    Meetings and Proxy Advisers Navigation Show below Hide below

    Regulators Navigation Show below Hide below

    • ACCC Chair Rod Sims has flagged the regulator's key compliance and enforcement priorities for 2021

    Financial Services Navigation Show below Hide below

    • Your Future, Your Super legislation introduced
    • ABA and Consumer Action Law Centre call for stronger regulation of debt management firms
    • AFCA review launched: stakeholder views invited
    • Consumer groups have reiterated their concerns about changes to responsible lending
    • Inquiry launched into moves by financial institutions to withdraw investment from the export industries including coal
    • In Brief | Consultation on proposed revisions to the vulnerable members section of the Insurance in Superannuation Voluntary Code of Practice launched.  The deadline for submissions is 29 March 2021
    • In Brief | Financial Sector Reform (Hayne Royal Commission Response) (2021 Measures No 1) Regulations 2021 amend the Insurance Contracts Regulations 2017 to remove the concept of 'eligible contracts of insurance'.  They also amend the Corporations Regulations 2001 to make the handling of an insurance claim a ‘financial service’ under the Corporations Act 2001.  The regulations are now in force
    • In Brief | The AFR reports that a new, stronger BNPL code will be launched on 1 March with no transition period
    • In Brief | Protecting vulnerable and excluded people in financial markets: The UK FRC and EHRC have signed an MoU to enable them to enable them to better target their resources and activities around meeting their obligations under the Equality Act 2010
    • In Brief | Hayne referral: ASIC has announced that criminal charges have been brought against an insurance underwriter and separately a distributor of insurance products over allegedly false/misleading statements relating to the sale of domestic and international travel insurance products between 2016 and 2018
    • In Brief | 'Nobody is going to fall off a cliff' if they are unable to resume making payments at the end of March when loan deferrals and JobKeeper payments end: ABA CEO Anna Bligh has given an interview discussing the impact of the end of JobKeeper payments and assuring the community that banks will work with customers

    Accounting and Audit Navigation Show below Hide below

    • Audit reform: UK regulator gives green light to the big four to move forward with proceed with the operational separation of their audit practices, amends the principles for separation

    Risk Management Navigation Show below Hide below

    Corporate Misconduct and Liability Navigation Show below Hide below

    • ASIC launches immunity policy for market misconduct offences

    Other News Navigation Show below Hide below

    • FaceBook to restore Australian news pages, government announces further amendments to the planned news media and digital platforms mandatory bargaining Code
    • Evaluation of foreign investment reforms
    • Consultation on increasing harmonised financial reporting thresholds for ACNC registered charities

    Receive Governance News in your inbox.

    We provide weekly summaries of key regulatory and governance developments in Australia and overseas.

    Subscribe

    Contact

    Tags

    Governance Newsletter Accounting & Audit Corporate misconduct and liability Disclosure and Reporting Diversity Financial Services Governance Institutional Shareholders and Stewardship Meetings & Proxy Advisors Regulators Risk management Shareholder activism
    eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJuYW1laWQiOiJmOTY1ODRiMS01YjFiLTQyZWEtODBkYy04MDM4NTA3N2Y4OWQiLCJyb2xlIjoiQXBpVXNlciIsIm5iZiI6MTc0NzI2NjgzNywiZXhwIjoxNzQ3MjY4MDM3LCJpYXQiOjE3NDcyNjY4MzcsImlzcyI6Imh0dHBzOi8vd3d3Lm1pbnRlcmVsbGlzb24uY29tL2FydGljbGVzL2dvdmVybmFuY2UtbmV3cy0yNC1mZWJydWFyeS0yMDIxIiwiYXVkIjoiaHR0cHM6Ly93d3cubWludGVyZWxsaXNvbi5jb20vYXJ0aWNsZXMvZ292ZXJuYW5jZS1uZXdzLTI0LWZlYnJ1YXJ5LTIwMjEifQ.UnEqK997xxIx0_KatoVkHR8dI_s0jnbGBr2gJg487bY
    https://www.minterellison.com/articles/governance-news-24-february-2021

    Read Next

    Point of View: insights into key issues and challenges facing business today.

    In this series of interviews with MinterEllison partners we hear their perspective on key areas of interest to our clients and the business community.

    Watch now

    © 2025 MinterEllison