Senate
Corporations Amendment (Meetings and Documents) Bill 2021
Revised Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon John Frydenberg MP)This memorandum takes account of amendments made by the House of Representatives to the bill as introduced.
See Powell v London and Provincial Bank [1893] 2 Ch. 555.
Modernising Document Execution . Consultation on a common pathway for digital execution of statutory declarations and deeds , Department of Prime Minister and Cabinet, September 2021.
https://deregulation.pmc.gov.au/sites/default/files/modernising-document-execution-consult.pdf
Communications Report 2018 - 19 , Australian Communications and Media Authority, February 2020. https://www.acma.gov.au/sites/default/files/2021-02/Communications%20report%202018-19.pdf
AGM Intelligence 2020 , The Driving Forces behind AGM Outcomes , Computershare, 2020,
https://www.computershare.com/News/AGM%20Intelligence%202020_interactive.pdf , pages 14-15.
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The terms of reference of this that the Committee requires them to consider opportunities for the RegTech industry to strengthen compliance but reduce costs. In the Issues Paper released on 23 October 2019, the Comittee sought feedback on removing regulatory barriers arising from a lack of technology neutrality. Following the Coronavirus outbreak, the Committee re-opened its call for submissions to the inquiry to enable submitters to provide further input to the Committee. It conducted a number of public hearings between 30 June 2020 and 10 August 2020.. The Committee released a second interim report in April 2021 which examined further issues in the RegTech industry. However, no additional recommendations in relation electronic communication and meetings were made.
These were from: Australasian Investor Relations Association (AIRA), Australian Institute of Company Directors (AICD), Computershare, Governance Institute of Australia (GIA), Law Council of Australia (LCA) and Link Group. Submissions are available at:
https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Financial_Technology_and_Regulatory_Technology/FinancialRegulatoryTech/Submissions
These were from: Law Council of Australia (LCA) on 1 July 2020, Australian Shareholders Association (ASA) on 10 August 2020 and Australasian Investor Relations Association (AIRA), Australian Institute of Company Directors (AICD), Computershare, Governance Institute of Australia (GIA), Link Group, and AMP Limited on 30 June 2020. These transcripts are available at:
https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Financial_Technology_and_Regulatory_Technology/FinancialRegulatoryTech/Public_Hearings