The Australian Law Reform Commission ("ALRC") has
proposed welcomed reforms to simplify Australia's corporate
criminal responsibility regime.
On 31 August 2020, the ALRC's Final Report into Australia's
corporate criminal responsibility regime ("Final Report")
was tabled in Parliament.
The ALRC's review follows increased attention on the conduct
and accountability of corporations, directors and senior executives
following the 2018 Royal Commission into Misconduct in the Banking,
Superannuation and Financial Services Industry ("Royal
Commission"). It is the first major examination of
Australia's corporate criminal responsibility regime since the
enactment of the Criminal Code in 1995.