Capital markets reform submission supports reassessment of liability provisions
A significant aspect of these reforms centred on the climate-related disclosures (CRD) regime, with a focus on director liability.
It is important that entities present financial information that is understandable and meaningful to investors and other stakeholders. This is fundamental to good governance and underpins trust and confidence in business.
The IoD generally supports the updating of the FMA guidance on disclosing non-GAAP financial information to help entities that present this information ensure it is helpful and not misleading.