21 March 2024 - Keynote speech by ASIC Chair Joe Longo at the Australian Institute of Company Directors (AICD) Australian Governance Summit

  • Complying with directors’ duties may be difficult, but ASIC expects you to do it, it can be done, and there are benefits.
  • Developments in AI, cyber threats, sustainable finance and ESG mean greater complexity in the business environment.
  • Directors need to ask themselves the right questions: Are you acting honestly? Are you putting the company first? Do you have a continuous curiosity to understand the business and associated risks? And are you challenging management and getting professional advice?