ASX Listed CompaniesCompliSpace provides a set of key governance policies that are essential for ASX Listed companies. They have been developed by governance consultants, experienced managers, lawyers and leading company secretaries following detailed research of ASX Listing Rules, the ASX Corporate Governance Principles and ASX Guidance Notes.
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The introduction of the new ASX Corporate Governance Council's Corporate Governance Principles in July 2007 and recent amendments to the Corporations Act through CLERP 9 have changed the landscape within which ASX listed entities now operate.
ASX listed companies must now follow the 27 recommendations contained in the ASX Corporate Governance Principles, or explain to shareholders why they have not done so, under the ASX’s “if not why not” disclosure requirements. A key feature of this regime is the requirement that ASX listed entities establish a sound system of risk oversight, risk management and internal control. The depth of this requirement has been explained in various ASX publications with the ASX referring to the Australian Risk Management Standard (AS/NZ 4360:2004) as a relevant benchmark.
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It is now a commercial imperative for ASX listed entities to establish documented internal risk and compliance programs that work and are auditable.The sheer complexity of the regulatory environment, and the demands of managing effective risk and internal control programs, have now made a manual documented system costly, time consuming and unrealistic in today’s governance climate. CompliSpace can provide businesses with the perfect solution to this, with our fresh, dynamic approach to corporate governance.
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‘Over 40% of Mid-Cap ASX listed companies have inadequate corporate governance structures.’
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BDO Kendall’s – Mid-Cap Corporate Governance Report, 2007
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Working with the Australian Standards for Corporate Governance (AS 8000 - AS 8004) and the Principles of Good Corporate Governance and Best Practice Recommendations published by the ASX Corporate Governance Council, we have created a set of key management tools which are designed to rapidly assist ASX listed companies to implement an effective Corporate Governance Program.
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CompliSpace's ASX Governance programs and services include:
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 Enterprise Risk Management
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Compliance (Internal Control)
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Complaints Handling
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Privacy
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Suite of ASX governance policies includes:
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Continuous Disclosure
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Conflicts of Interest
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Securities Trading
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Director Induction & Board Performance Evaluation
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CompliSpace demystifies the complexity of the regulatory environment. Our programs have been developed by experienced managers, lawyers and leading company secretaries following detailed research of key ASIC Policy Statements and guidance notes. All policies are written in plain English taking the reader step by step through the key issues.
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CompliSpace leads the market in the provision of simple, comprehensive, value-for-money Corporate Governance programs and services. Contact us to see how we can bring good governance to life in your organisation.
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