Frequently Asked Questions
What are the latest trends in company secretary services?
The role of company secretaries is evolving, with several trends reshaping how they deliver services. One major trend is the integration of technology in governance. Company secretaries now use advanced software for managing compliance, automating filings, and streamlining board communications, improving both efficiency and security.
Another trend is the increasing focus on Environmental, Social, and Governance (ESG) reporting. As investors prioritise sustainable practices, company secretaries play a crucial role in preparing ESG disclosures and aligning governance frameworks with ethical standards.
Remote and virtual governance is also gaining traction, especially for board meetings and AGMs. Virtual platforms enable seamless participation while ensuring compliance with regulatory requirements.
Outsourcing is another growing trend, as businesses look for flexible, cost-effective solutions to meet governance needs. This is particularly beneficial for small to mid-sized companies or ASX-listed entities requiring on-demand expertise.
Lastly, company secretaries are becoming strategic advisors, offering insights into risk management, board diversity, and long-term governance planning. Their role extends beyond compliance, supporting boards in making informed, forward-looking decisions.
By staying updated on these trends, companies can ensure their governance practices remain efficient, compliant, and aligned with evolving stakeholder expectations.