ASX Governance Council Deliberates on Controversial Disclosure Proposals
ASX Corporate Governance Council is seeking to postpone controversial proposals requiring directors to disclose personal characteristics until next year.
Key members of the ASX's governance advisory council are calling for a delay until next year on contentious proposals. These proposals would mandate the directors of listed companies to disclose personal characteristics, including sexuality and disability status.
The chairwoman of the ASX Corporate Governance Council, Elizabeth Johnstone, has convened a meeting with the chief executives from the 19 business, investor, and superannuation groups that form the council. This meeting will take place in Sydney on Friday, aiming to reach a compromise amid a year-long standoff regarding the proposed requirements.
