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ARTICLE · 12 MARCH 2014

Proposed new ASX Corporate Governance Listing Rules

The Alert sets out the key Listing Rule amendments relating to corporate governance which have been proposed by the ASX.

AustraliaFinance and Banking

Listed companies should prepare themselves for more proposed changes to the ASX Listing Rules with effect from 1 July 2014 in light of the supplementary consultation paper on the "Proposed Governance-Related Listing Rule Amendments" issued by the ASX on 21 February 2014.

In this Alert, Partner Michael Hansel and Associate Katherine Hammond set out the key Listing Rule amendments now being proposed by the ASX, which companies, directors and officers need to be aware of ahead of their intended introduction on 1 July 2014 (the same time as the third edition of the Corporate Governance Principles and Recommendations are expected to take effect).

Key changes proposed by the ASX

  • Allowing disclosure of the Corporate Governance Statement required to be prepared annually by companies in either the company's annual report or on the company's website (the amendments proposed by the ASX last year in this regard are essentially unchanged).

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