Enhanced Beneficial Ownership Disclosure for Listed Entities
This submission is made by the Corporations Committee of the Business Law Section of the Law Council of Australia. A brief outline of the Business Law Section is set out in Annexure A.
This submission is in response to the consultation paper released by Treasury on 14 November 2024, which seeks comments on a proposed draft bill that proposes changes to the Corporations Act 2001 (Cth), which include requirements for disclosure of derivatives in respect of shares in listed companies and increased ASIC enforcement powers in respect of compliance with the substantial shareholding notification provisions and tracing provisions in the Corporations Act, as well as changing the operation of the takeover provisions of the Corporations Act in relation to derivatives.
Read the full submission below.
Last Updated on 21/02/2025
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