The most useful and well researched and argued law reform report for many years – Phoenix Activity: Regulating Fraudulent Use of the Corporate Form
The most useful and well researched and argued law reform report for many years has been issued on what to do about unlawful company phoenix activity. The research report – Phoenix Activity – Fraudulent Use of the Corporate Form – is that of the Melbourne Law School and Monash Business School, being their third and final. Their […]
Beneficial ownership of companies – consultation
The government has released a consultation paper on improving the transparency of information on the beneficial ownership and control of companies. Comments are due by 13 March 2017. This was foreshadowed in my earlier comments on 2 November 2016. As I said then, the idea of a beneficial ownership register for companies is not new, and […]
ASIC’s industry funding model – draft laws
Drafts of ASIC’s Supervisory Cost Recovery Levy Bill 2017 and related Bills have been released for comment, by 10 March 2017. Under these Bills, the levying of the costs of regulation of insolvency practitioners would now come under two different funding models, contrary to the new harmonized approach to insolvency, commencing next week, 1 March […]
