Related Links
Exposure Draft dated 22 April 2010 (PDF 120KB)
ASX Consultation Paper dated 4 December 2009 (PDF 121KB)
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Companies Update 29 April 2010 |
Update no 04/10 |
Important information for ASX Listed Entities
ASX Exposure Draft of Proposed Listing Rule Requirements for a
Remuneration Committee and a Company Trading Policy
On 22 April 2010, ASX released an Exposure Draft outlining the proposed
amendments to the ASX Listing Rules introducing requirements for:
- listed entities to adopt and disclose a company trading policy; and
- the top 300 ASX listed entities to have a remuneration committee that is comprised solely of non-executive directors.
The Exposure Draft reports on the outcomes of public consultation undertaken on
the proposed listing rule requirements for a company trading policy, and the
revisions made to the proposed rules to take account of the key issues raised in
the submissions responding to
ASX's Consultation Paper "Listing Rule Amendments - Company Policies on Trading
'Windows' and 'Blackout' Periods", dated 4 December 2009 (PDF 121KB).
Comments are sought in relation to the proposed remuneration committee
requirements, and whether the requirement to have a remuneration committee
should be extended to the top 500 ASX listed entities, by 31 May 2010.
The Exposure Draft is available on the ASX website (PDF 120KB).