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Calls for safe harbour provisions to be recasted as 'indicative behaviours of compliance'

A number of industry bodies have shown support for the move. The Australian Law Reform Commission (ALRC) has released its latest background paper for the financial services legislation inquiry - Refl ....

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Crown, Collingwood and corporate conscience

Date Time
Crown, Collingwood and corporate conscience
Professor Elise Bant, UWA Law School examines the complex and ineffectual laws that currently allow corporations committing commercial fraud to evade justice.
In the aftermath of Patricia Bergin SC’s damning report into Crown Resort Ltd and the corporation subsequently being found unsuitable to hold Sydney’s second casino licence, attention has rightly been focused on those at its helm.
Bergin’s analysis suggests that many of those who would normally be regarded as the company’s ‘directing mind and will’ have failed in basic ethical and legal respects and some important heads have rolled. ....

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