University of Canterbury – supporting our next generation of directors
The University of Canterbury's Centre for Entrepreneurship is seeking mentors, projects, internships and guest speakers. This is an opportunity for IoD members to get involved and earn CPD points for any governance-related mentoring or presentations. Please click here for further information on how you might be able to help.
Duncan Cotterill: Sentencing under the new health & safety regime
Under the new health & safety regime, defendants may also be required to contribute to the costs incurred by WorkSafe New Zealand in pursuing prosecution. Whether cover exists for this under a business’s statutory liability insurance will depend on the specific policy wording.
Duncan Cotterill: Hazardous substances in your workplace
Does your workplace have proper management in place for hazardous substances? i.e. any product or chemical that has explosive, flammable, oxidising, toxic or corrosive properties. Are you complying with the new requirements effective 1 December?
Marsh: Periods of Limitation and Construction Contracts
How contractual limitations relate to and interact with insurance and limitation periods under law are important factors. This is especially the case if the parties are to rely on insurance and understand what, if any, liability sits on their balance sheets outside of contract.
Aura: Creating cyber-aware employees
Employees are often the easiest way for hackers to gain access to an organisations’ data or systems. Your business can have the very best technology, systems and processes in place; but if your staff don’t know what a phishing scam looks like, or use their work devices in unsecure ways and environments; they’re leaving huge gaps in your security armour. To help businesses reduce the risk of cyber-attack, the team at Aura Information Security has developed CyberWise – a subscription-based e-learning tool designed help businesses raise the overall standard of cyber-security awareness across their organisation.
Duncan Cotterill: First Sentencing under new H&S Legislation
The first sentence under the Health and Safety at Work Act 2016 (HSW Act) was recently handed down. Most people interested in health and safety have been long awaiting the first decision, to see what effect the greatly increased maximum penalties will have on actual fines imposed.
Duncan Cotterill: Contract and Commercial Law Act 2017
The Contract and Commercial Law Act 2017 (CCLA) came into force on 1 September 2017, and brings with it an increasing shift towards user-friendly and modernised legislation.
Duncan Cotterill: Gender Salary Gap highlights needs for employers to re-evaluate pay
The recent BBC gender salary gap disclosure highlights how negative publicity in relation to any pay disparity could cause significant damage to a company’s reputation.
Aura: NotPetya Ransomware Attack - What You Need to Know and Do
It is important to remember our geographic location does not make New Zealand companies exempt from a Ransomware Attack. Companies need to remain vigilant and take proactive steps in order to avoid being affected.
Duncan Cotterill: Earthquake prone buildings - a new era approaches
It is anticipated that the new national framework for managing earthquake prone buildings (EPBs) will take effect on 1 July 2017. This will bring with it a national register and set timeframes for assessment and strengthening in order to ensure that the way buildings are managed for future earthquakes is consistent across New Zealand.
Marsh: Ready Or Not, Disruption Is Here
This article looks at how risk professionals are addressing the challenges of disruptive technology, focussing not only on some of the issues at hand with the 4th Industrial Revolution, but also what the barriers are to executives and directors trying to manage new risks.
Aura: WannaCry – What you need to know and do
The WannaCry ransomware attack may be over but experts are warning that copy-cat attacks are likely. It’s important for businesses to remain vigilant to avoid falling victim to similar attacks. Here’s some tips from the team at Aura Information Security.
University of Canterbury: Adaptive Resilience and Governance
Adaptive resilience is becoming increasingly essential, and organisations are realising that it’s important to become more resilient. Developing this resilience requires a long-term plan, and the willingness to keep working at it, making gradual progress, to create a culture that truly supports agility and resilience. How can directors contribute to the building of adaptive resilience?
Duncan Cotterill: One year on – the obligation to consult, co-operate and co-ordinate
A year has passed and we are yet to see a prosecution under the new HSWA in New Zealand. However with the on-going number of queries arising, particularly from a practical perspective, we thought it useful to recap on the new obligation to “consult, co-operate and co-ordinate” where there is more than one person conducting a business or undertaking (PCBU).
Duncan Cotterill: Working from home – health and safety considerations
For many reasons, employees are increasingly seeking flexibility in their working arrangements not only in respect of their hours and days of work, but also in the ability to perform their work remotely. Improvements in technology mean that working from home is more manageable than ever before. Many employers have already begun utilising these arrangements to attract and retain staff and given the respective benefits arising from such arrangements, demand for remote working is likely to increase in the future.
Aura: E-learning – Cyber-security best practice
Aura Information Security has completed work on the first module of its cyber security e-learning programme – an online training tool designed to help New Zealand businesses raise awareness of cyber-security best practice amongst employees and minimise the risk of security breaches.
Aura: Cyber Security Tips for World Password Day
May 4th marks World Password Day, a global initiative to raise awareness around password security. Here are five top tips on how to maximise your business’ password security.
Duncan Cotterill: Smart contracts, blockchain and distributed ledger technology: implications for business - Part One
Smart contracts, blockchain and distributed ledger technology (DLT) are new technologies with the potential to radically transform our economic and social systems. Part l of this article outlines smart contracts, blockchain and DLT, and what the potential benefits of each are for business.
Duncan Cotterill: Smart contracts, blockchain and distributed ledger technology: implications for business - Part Two
Part ll discusses some of the risks (technology, legal and regulatory) and challenges posed by smart contracts, blockchain and DLT, current examples of smart contracts in practice and DLT platforms and the implications for business. it also considers the future of this disruptive technology.
Marsh: Board Oversight of ESG
As global warming turns up the heat on the planet, investors are turning up the heat on boards. And investors are not only concerned about climate but also about other environmental, social, and governance (ESG) concerns.
Aura Information Security: five tips when considering cyber security
It doesn’t matter how big or small your business – if the data and information held within it is of interest to cyber criminals, you’re a target. Here are Aura Information Security’s top tips to help businesses stay one step ahead of the bad guys.
Duncan Cotterill: Beneficiary access to trust information - the final word from the Supreme Court
Whether there is an overriding entitlement to trust information has now been answered by the Supreme Court and guidance issued to trustees. We anticipate this will be the last word in this area for quite some time – although in practice applying the factors will not always be easy, particularly when there are competing interests at stake between beneficiaries.
Duncan Cotterill: Construction contracts retentions - a new regime from 31 March 2017
On 31 March 2017 an important amendment to the Construction Contracts Act 2002 (CCA) came into force. This amendment introduced a new retention scheme, designed to safeguard retention money in the event of insolvency of the holding party.
Marsh: Risk Outlook for 2017
Directors were asked their views on a wide range of risk issues from their perceptions of risk in New Zealand business through to their boards' involvement in risk (in partnership with the IoD).
Duncan Cotterill: Overseas Investment
New class exemptions to the Overseas Investment Act 2005 have recently been introduced and came into force on 1 February 2017.
Duncan Cotterill: Construction Contracts Act - a series of three articles
A summary of the Construction Contracts Act
The payment claim process under the Construction Contratcs Act
Adjudication of disputes under the Construction Contratcs Act
Marsh: Directors' Risk Survey Report 2016 - Risk outlook for 2017
Marsh is delighted to present its thrid risk survey report for directors in partnership with the Institute of Directors. Directors were asked their views on a wide range of risk issues from their perceptions of risk in New Zealand business through to their boards' involvement in risk.
Marsh: OW Risk Journal Volume 6
Perspectives on the risks that will determine your company’s future, including the latest thinking on many of management’s toughest challenges globally: blistering technological change, cyberattacks, volatile energy prices, rising healthcare costs, and structural risks emerging from social trends.
Click here to read Dell's Annual Report on Underground Hacker Markets.