Corporate Crime: Directors’ and Officers’ Liability on the Map

LinkedIn article by Sarah Fulton

Latest report from the Australian Law Reform Commission sets out the ways in which directors and senior executives can – and should – be held responsible when companies break the law.

In Chapter 9 of its Final Report on Corporate Criminal Responsibility, the Australian Law Reform Commission (ALRC) takes a deep dive into how directors and executives of Australian companies may be held personally liable for corporate misconduct. And while it doesn’t recommend a major overhaul – yet – it welcomes a government proposal aimed at strengthening accountability at the top of some of Australia’s largest companies.