Tag archives: Directors

What the updated ASX Corporate Governance Principles and Recommendations mean for insurers

As the shadow of the Hayne Royal commission continues to loom over the financial services industry, insurers should be preparing for another change in the governance and compliance landscape which promises to further heighten the demands being made of Australia’s leading financial institutions. The ASX released its updated Corporate Governance Principles & Recommendations this week, … Continue reading

Cyber Risk for D&O – Steps to Mitigate

Think of one of the greatest nightmares of your professional life. For the management team of a corporation and their in-house counsel, there are few more nightmarish days than when they receive a call from the IT department reporting unauthorised activity in the company’s databases. Over the next few days, the fog lifts and it … Continue reading

Privacy Class Actions Arrive in Australia

Global litigation funder IMF Bentham Ltd (IMF) has launched a representative complaint with the Office of the Australian Information Commissioner (OAIC) seeking, amongst other things, financial compensation for alleged breaches of the Privacy Act 1988 (Cth) by Facebook Inc (Facebook). The action relates to unauthorised access to over 87 million Facebook users’ data by political … Continue reading

Go Fund Me Litigation – Does it have an impact?

Crowd funding via the pooling of funds to initiate and maintain class actions has never been easier. Growth in technological advancement, beginning around the early 2000s, has provided the capability for online platforms to be used to finance projects.  Relevantly, these technological advancements have led to efficiencies in processes (business or otherwise) like never before. … Continue reading
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