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).