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Law Council of Australia

Business Law Section

Transparency of proxy advice

Th submission to the Treasury in response to the consultation in relation to Greater Transparency of Proxy Advice was prepared by the Corporations Committee of the Business Law Section.

The regulation of proxy advice is a controversial issue, and the committee’s members have a range of differing perspectives. A common element, however, is that there are problems with:

The committeee strongly recommend that this consultation paper be withdrawn, and further inquiries be undertaken before proceeding with proposals in this area.

You can read the full submission below.


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