Australia: Directors and Officers

Directors should act decisively to address debts and engage a liquidator when necessary to avoid personal liability.

A director penalty notice (DPN) is a notice that the Australian Taxation Office (ATO).

When directors and officers of reporting entities are assessing how to prepare for complying with the new sustainability reporting obligations, it is tempting to look to the Australian Securities and Investments Commission's (ASIC) approach to enforcement of "greenwashing" as a starting point.