30 October 2020
We strongly welcome the Government’s proposal to make the electronic execution of company documents and virtual meetings reforms permanent for the benefit and convenience of customers and to improve efficiencies in the processing of critical documents.
The ABA considers:
• Deeds should be able to be created and signed electronically by companies and individuals.
• Electronic signatures rather than wet signatures should be able to be used for a broader range of legal and business documents.
• Remote witnessing should be legally valid.
Latest articles
ABA submission to the ISSB Consultation on Agenda Priorities.
The ABA supports the introduction of mandatory climate-related financial disclosures aligned with the ISSB, and we feel that the proposed model generally strikes an appropriate balance. The submission makes key points across six areas: phased approach, reporting content, reporting location, assurance, continuous disclosure and the modified liability approach.
The ABA’s submission to the ACCC’s Retail Deposits Inquiry 2023. Australian banks continue to provide a competitive, dynamic, and innovative marketplace for deposits. Banks are also cognisant of the variety of uses for deposit accounts and strive to provide products and services that meet the needs of customers.