Introduction I was interested to receive a copy of the ‘Business Insider’ from MBIE on Friday, announcing that changes to Health and Safety (“H&S”) laws are a step closer, with a Select Committee reporting its recommendations back to Parliament. The Health and Safety Reform Bill is expected to be passed later this year and there […]
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More from Australia on continuous disclosure Introduction Hard on the heels of the discussion last week about the latest revision by ASX of its extensive Guidance Note 8: Continuous Disclosure, I have stumbled on a recent Australian case on allegations of market non-disclosure as the basis for a claim for damages by shareholders alleging misleading
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Introduction As a follow up to the snippet on Morning Report this morning Morning Report, the ASX has just released the latest revision of its extensive Guidance Note 8: Continuous Disclosure. This follows consultation earlier this year about expanding the guidance on earnings surprises, publication of analyst forecasts and consensus estimates, and investor briefings. ASX
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Introduction A recent Court of Appeal decision , has confirmed an earlier High Court finding that a director had breached his fiduciary duty to a minority shareholder. On inspection, it seems unlikely that the decision is a signal of an opening of the floodgates or a breaking down of the understandings that directors’ duties are
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