What the check is?
Verification of current and past company directorships registered with ASIC, including any disqualifications or bans.
What the value is?
Provides a full picture of directorship history and corporate responsibilities.
What does it check?
ASIC records of current and past company directorships.
Why do you do it?
Assesses suitability for leadership roles and mitigates risk of appointing someone with problematic corporate history such as bans, insolvencies or conflicts of interest.
How often does it need to be checked?
Typically pre-employment for senior roles; may be rechecked on promotion or board appointments.
Is this industry specific? If yes, what industries?
Financial services; legal and professional services; aged care and healthcare; government and not-for-profit; any company appointing board members or responsible managers.
Risk of not doing it?
You may miss red flags such as failed companies, conflicts of interest or undisclosed commitments.