Frequently Asked Questions

What are the key responsibilities of a company secretary in corporate governance?

A company secretary plays a central role in corporate governance, ensuring the company adheres to legal, ethical, and best practice standards. Their responsibilities include advising the board on governance matters, organising and documenting board meetings, and maintaining statutory registers.

They ensure compliance with the Corporations Act, ASX Listing Rules (for listed companies), and other relevant regulations. This includes preparing documents such as Corporate Governance Statements, monitoring director obligations, and managing shareholder communications. They also play a crucial role in risk management by implementing governance frameworks and policies.

A company secretary supports the board in decision-making by providing timely and accurate information. They ensure AGMs are conducted according to regulations and prepare resolutions, minutes, and disclosures as needed.

Outsourcing company secretary services offers businesses access to governance expertise, ensuring compliance and streamlining processes. An experienced company secretary not only manages day-to-day tasks but also helps create a culture of transparency, accountability, and efficiency within the organisation. By focusing on governance, they enable the board to concentrate on strategic growth.