The Director Penalty Regime extends to GST
Association of Corporate Counsel, 14 Feb 2020
From 1 April 2020, the recently passed Treasury Laws Amendment Bill 2019 could make directors personally liable for their company’s unpaid taxes and can prevent a director’s resignation if the resignation were to leave their company without a director. The law also seeks to improve the accountability of resigning directors by preventing directors from improperly backdating resignations.
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Iceland proposes a bill to fine boards on gender imbalance
Icelandic Reivew 14 February 2020
In Iceland a new bill proposes a daily fine on companies whose corporate boards are not comprised of a legally mandated gender balance—namely that no gender may have less than 40% representation.
Are you ready to serve on a board?
Article by HBR, 31 January 2020
Harvard Business Review looks at what leaders aspiring to board roles can do to prepare and position themselves for success and how to develop boardroom capital?