Executive compliance performance reporting – why, what, when?

In this article we look at some of the most critical compliance components of Chain of Responsibility (CoR) compliance performance reporting for executives.

Why?

Executive compliance performance reporting is one of our 'Big Five' key compliance measures.

Under the current Heavy Vehicle National Law (HVNL), executive officers of a corporation (directors and those concerned in the management of a corporation) can be personally charged, prosecuted and fined if a corporation commits a breach of the HVNL.

Under the mid-2018 amendments to the HVNL, executives (directors and those concerned in the management of a corporation, partners in a partnership and managers in an unincorporated body) will have a proactive duty to ensure that their business is doing everything reasonably practicable to avoid any CoR incidents. Under the new laws, executives can be personally charged, prosecuted and fined if their business is not proactively managing this risk – even though no