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Disclosure changes open door for reckless behaviour

Schedule 2 of the Treasury Laws Amendment (2021 Measures No.1) Bill are unwarranted.  Speaking at the public hearing of the Senate Estimates, Kate Griffiths, executive manager for public policy and advocacy, and Ed John, executive manager for governance and engagement, said ACSI members invested $200 billion in Australian equities.   The changes proposed under Schedule 2 of the bill related to continuous disclosure obligations and ACSI said it did not see any existing problems with current disclosure measures that would necessitate the changes outlined in Schedule 2.  Griffiths said: “We have had a fair and transparent market under existing laws for many years where companies are incentivised to ensure material information is disclosed in a timely manner. It is not overly burdensome for firm to establish appropriate disclosure systems and there is ample guidance from Australian Securities and Investment Commission [ASIC] and the ASX on how to manage disclosure responsibiliti

iTWire - Nitro leads campaign push on electronic signatures

iTWire Thursday, 10 June 2021 17:14 Nitro leads campaign push on electronic signatures Shares Sam Chandler, Nitro founder & CEO ASX-listed Nitro Software, a firm that had its origins in Melbourne and offers a service to create, edit and sign PDFs and digital documents, has begun a campaign it says will make electronic signatures a permanent feature of the Australian business landscape. According to Nitro, tech leaders of Australian-born companies with a combined value of more than $100 billion have added their voices to the campaign.   The San Francisco-headquartered Nitro (ASX:NTO) says high-profile Australian entrepreneurs including Scott Farquar and Mike Cannon-Brookes at Atlassian, Cliff Obrecht at Canva, Craig Scroggie at Next DC, and Patrick Grove at Catcha Group have endorsed  the submission made by Nitro’s co-founder and CEO Sam Chandler, to the parliamentary inquiry into the legislation, which includes measures on eSignatur

Homegrown Australian Technology Stars Back ESignatures Push

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