[NZ] Corporate Governance 101: Responsibilities for New Directors | LegalVision NZ

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Company directors hold a unique position of power and trust, which is why they have many legal compliance obligations. If you are new to being a company director, it is important to understand these obligations. Otherwise, you could face serious consequences, such as being disqualified from acting as a company director, reputational damage, fines, and jail time.
To help you understand your obligations, Georgina Toomey (Practice Group Leader) and Nina Vanderlaan (Associate) explain:
who is a company director;
key director responsibilities;
governance directors must comply with; and
consequences for non-compliance.
About Georgina Toomey
Georgina is the General Manager for LegalVision New Zealand and a Practice Group Leader, specialising in corporate and commercial law. She has significant experience having previously worked in the specialist corporate teams at a number of top-tier firms in New Zealand, and acting for clients in a variety of industries.
About Nina Vanderlaan
Nina is an Associate in LegalVision’s Corporate and Commercial team. She has experience advising startup, SME, and enterprise clients with high-quality, pragmatic advice on a range of general corporate and commercial matters.
About LegalVision
LegalVision is a market disruptor in the commercial legal services industry. The firm’s unlimited legal services membership provides businesses with a faster, better quality and more cost-effective client experience. LegalVision is a leader in delivering legal services and has assisted more than 150,000 businesses across Australia, New Zealand and the United Kingdom.
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