Employee incentive schemes

In December 2013 ASIC, which is the federal government’s regulator of the corporate world including the behaviour of corporations, released a paper which is intended to foster community discussion in Australia about a consistent approach by Australian industry to employee incentive schemes.
ASIC Commissioner John Price said, ‘The objective of this consultation paper is to put forward proposals that further reduce business costs, and enhance the efficiency and development of the economy, while at the same time ensuring that participants of employee incentive schemes remain confident and informed about what they are being offered.’
Here is a link of interest.

http://www.asic.gov.au/asic/asic.nsf/byheadline/13-310MR+ASIC+to+update+its+employee+share+scheme+policy+and+class+order?openDocument