Regulatory update – Australia climate reporting
Large companies in Australia will be required to make climate-related financial disclosures in their annual report for financial years starting after January 1, 2025.
Large companies in Australia will be required to make climate-related financial disclosures in their annual report for financial years starting after January 1, 2025.
The Beneficial Ownership Transparency Act, which came into force on 31 July 2024, expanded the scope of this regime and removed exemptions applicable under the previous regime.
Private companies in India only have two months left to dematerialize their existing securities.
“A resilience mindset means looking for areas of opportunity for improvement and creating efficiencies rather than just mitigating risk.”
In March 2024, the Australian Federal Government passed a new law requiring all Australian public companies to disclose information about their consolidated entities – including their country of tax domicile – in their annual financial reports.
The Companies (Amendment) Act 2024 (“Amendment Act”) came into force on April 1st 2024 with the aim of enhancing corporate transparency and strengthening the existing corporate rehabilitation framework in Malaysia.