Chartered Secretaries Australia and the Australasian Investor Relations Association have issued guidance on handling confidential, price-sensitive information. This is in response to ASIC's consultation on this topic (Consultation Paper 128).
In summary, companies should:
It is desirable for companies to be aware of the details of any market soundings of potential investors.
2024 is off to brisk start in the cyber, privacy and data space – regulatory developments in cyber security and artificial intelligence (AI) continue at pace.
Johnson Winter Slattery has advised early childcare management software provider Kangarootime on the sale of its Australian business to fellow industry participants Juice Technologies and Kidsoft...
A recent Federal Court decision provides a useful distillation of the key principles that apply to unreasonable director-related transactions under s 588FDA of the Corporations Act.