The Australian Institute of Company Directors has hit out strongly at claims that directors have been “insider trading”, writes Adam Schwab.
Institute of company directors
The push to weaken director’s liability continues
The push to weaken director’s liability is continuing, with former high-profile director, John Ralph, telling the AFR that he wouldn’t join company boards if he were retiring today. Ralph stated that “it seems a lot more fun to go into private equity where you can just get on with things.”
ASIC boss wants softer line on director liability
ASIC boss Tony D’Aloisio implied to the Australian Institute of Company directors yesterday that the Australia’s corporate regulator may take a softer line on director liability, writes Adam Schwab.
