CSB Insights

Australia’s Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Amendment Bill 2024 has officially reshaped the compliance landscape.

Lately, the ASX has been busy handing out “speeding tickets” — not to drivers, but to some of Australia’s biggest companies.

Too often, financial summaries fall short. Some drown Directors in detail, others skim over the substance, and too many present numbers without context. The result? Directors are left without the clarity they need to ask the right questions and make informed decisions.

When Executives lack training in Corporate Governance fundamentals, Boards can find themselves exposed.

Thinking about launching a renounceable rights issue while your securities are suspended? Don’t count on it. ASX has made its position clear: renounceable entitlement offers won’t be approved if an entity’s securities remain suspended for the duration of the offer.

Australia has just undergone the most significant shake-up to its Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) regime since the Act was first introduced in 2006.

A recent case highlights how recapitalisations carry their own Corporate Governance challenges—especially when it comes to disclosure obligations.

A recent case has put this rule back in the spotlight, serving as a timely reminder that even well-intentioned capital raising strategies can land companies in hot water if they’re not properly managed.