• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Corporate social responsibility Gavin McCosker
 

Corporate social responsibility Gavin McCosker

on

  • 223 views

 

Statistics

Views

Total Views
223
Views on SlideShare
100
Embed Views
123

Actions

Likes
0
Downloads
1
Comments
0

2 Embeds 123

http://www.corporateregistersforum.org 121
http://www.slideee.com 2

Accessibility

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Corporate social responsibility Gavin McCosker Corporate social responsibility Gavin McCosker Presentation Transcript

    • Gavin McCosker Chief Operating Officer Australian Financial Security Authority Corporate Social Responsibility – the interaction with registry operations
    • • A holistic approach • Public good • Equity of access • Ethical supply chains • Transparent environmental standards Corporate social responsibility
    • • Familiar with values of corporate social responsibility • Influence behaviour of corporations • Work in partnership What role can government play?
    • • Significant micro-economic reform • Replaced: - around 70 pieces of federal, state and territory legislation - and about 30-40 national, state and territory registers. Personal Property Securities reform
    • • Support economic growth • Reduce cost of doing business - one national register - single low fee • Reduce complexity • Increase consistency Intention of PPSR
    • Different channels – same functionality -Credit Bureau -Banks -Non-bank finance companies -Information brokers -Small/medium business -Non-bank finance companies -Individuals -Small/medium business -Individuals Consistentfunctionality
    • • Online register - available 24 / 7 • Supported by national service centre • Direct registrations and searches by anyone – individuals or corporations • Private companies can use register to offer value-added services • Significant reform – supports private sector risk management and access to capital Personal Property Securities Register
    • • Current - authentication of users via email • Future • Standard Business Reporting (xBRL) • Proof of identity for individuals (secure online automated system) • Proof of identity for business through AUSkey (business to government online system) • Consistent with online insolvency system Data integrity is critical – start from the front door
    • •Secure interaction with other registers • Validation at the point of entry (registration and search) • Companies register (ASIC) • Australian Business Register (Tax office) • Vehicle information (VIN, stolen, written off – amalgamation of state based databases) • Proof of identity – Individuals – Attorney-General’s Department – Business (AUSKey) – Tax office Data integrity is critical…continued
    • •PPSR a different model - as facilitator - maintain register in accordance with legislation - as enabler - work with others to add value and deliver Australian Financial Security Authority
    • • Majority of transactions made by business to government (B2G) providers – growing and competitive market • Sustained growth in use of PPSR • Stability of the PPSR Achieving the right balance
    • • We’re clear about our role • We have a close working relationship with a range of stakeholders • We focus on maintaining a competitive environment • We encourage innovation • We effectively manage compliance Achieving our outcomes
    • Effective stakeholder engagement • Essential to success of the PPSR • Regular, meaningful engagement > identifies service gaps > co-design solutions • Regular dialogue with cross-section of stakeholders > builds understanding of competing demands > builds commitment to longer-term benefits Influencing corporate social responsibility
    • Encourage competition • Builds capacity of private sector • Value-add products genuinely competitive with direct access • Builds market – including harder to reach sectors • Technical information freely provided > helps potential clients to cost and assess risks • Limit administrative burden > ease of start up & investment Influencing corporate social responsibility
    • Drive innovation • Competitive environment drives innovation • Co-design technical enhancements > delivers tangible functional improvements and removes technical barriers > creates an environment conducive to innovation • Investment by AFSA > improved register stability • Co-design > allows AFSA to keep pace with market expectations and ensures innovation that helps build equity of access Influencing corporate social responsibility
    • Monitor compliance • Our terms and conditions ensure register operates well • Private sector providers have a vested interest in the register operating well • Private sector providers therefore have vested interest in complying with terms and conditions • Support self-reporting of non-compliance and assist efforts to comply Influencing corporate social responsibility
    • Government agencies can influence corporate social responsibility • Be clear about the outcomes you need • Be clear about the role of government • Commit to genuine engagement with stakeholders • Encourage competition and innovation • Build confidence in your providers to self report non- compliance – and support their efforts to comply Conclusion
    • Questions / Comments