Frequently Asked Questions
How do outsourced company secretaries work with existing legal teams?
Outsourced company secretaries work seamlessly with in-house legal teams by providing complementary governance expertise and ensuring compliance with regulatory requirements. They handle tasks such as ASIC filings, preparing Notices of Meeting (NOM), and managing ASX continuous disclosure obligations, allowing the legal team to focus on broader legal strategies.
The collaboration begins with clear communication. Outsourced secretaries align their services with the company’s needs and coordinate closely with the legal team to ensure all compliance and governance requirements are met. For example, they might work with legal counsel on drafting resolutions, reviewing contracts, or preparing equity-raising documents.
Governance professionals often act as a bridge between the board, legal team, and other stakeholders, ensuring that information flows efficiently. They also bring expertise in ASX Listing Rules, corporate governance best practices, and regulatory deadlines, reducing the burden on the legal team.
By outsourcing, companies gain access to governance experts who enhance the efficiency of legal teams, streamline compliance processes, and reduce the risk of regulatory breaches. This partnership ensures that both governance and legal obligations are managed effectively, allowing the company to focus on achieving its strategic goals.