With Directors' duties remaining in the spotlight this year, it is prudent that Directors evidence their decision-making process and the genuine basis for decisions (with supporting documentation) and record all consultations with independent advisers, such as external lawyers and accountants (in particular in the case if complex disclosures).

In these last few weeks before the new laws apply, you have the opportunity to make sure that your workplace is not caught off guard. In this Alert, we outline the latest changes, and suggest what you should do to respond to the forthcoming commencement of the new system.