Corporate governance reform: integrated regime for incorporation, director duties, audits, investigations and tribunal adjudication. Comprehensive statutory framework covering incorporation formalities, share capital regimes, prospectus and securities regulation, corporate governance ... Summary
Corporate governance reform: integrated regime for incorporation, director duties, audits, investigations and tribunal adjudication.
Comprehensive statutory framework covering incorporation formalities, share capital regimes, prospectus and securities regulation, corporate governance requirements including board composition and director duties, audit and financial reporting standards with a National Financial Reporting Authority, enforcement through Registrar inspections and a Serious Fraud Investigation Office, and adjudication by a National Company Law Tribunal and Appellate Tribunal with provisions for mergers, rehabilitation of sick companies and winding up.
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