Insights & News

The recent corporate governance update from ASIC serves as a cautionary message to company directors, emphasizing the serious consequences of ignoring cyber risks. The article highlights ASIC’s concerns regarding board directors and executives who may be unprepared for potential cyberattacks. It stresses the need for companies to prioritize both the security of their systems and processes, as well as strategic planning in response to any cybersecurity incidents. In this context, ASIC emphasizes that it is incumbent upon directors to ensure robust management practices are in place regarding cybersecurity risk. Failure to do so could potentially result in non-compliance with their duty of care and diligence, which may expose them to enforcement actions by ASIC.

Establishing and maintaining good corporate governance is an important step for any business. This article explains the benefits of good corporate governance and its impact on a company’s long-term success. Corporate governance refers to the system of rules, practices, and processes by which a company is directed, controlled, and governed.

Company secretarial tasks can be time-consuming and complex. If your company lacks the capacity or expertise to manage them, outsourcing these corporate secretarial tasks could be the solution you need. In this article, we explore some of the commonly outsourced company secretarial services, their benefits, and how they can help your business.