ASIC guide for private company directors

The Australian Securities and Investments Commission (ASIC) recently released a helpful guide on the responsibilities and obligations of being a company director.  Many people accept the role of director without giving much thought to the responsibilities that accompany the role.  The guide deals with the key responsibilities of companies and their directors, as well as the impact on directors when things go wrong.  It is definitely worth a read, and accessible here

By Joel Hernandez

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