The Australian Financial Review had an interesting story recently around the notes that the Australian Securities Exchanges (ASX) keeps in relation to potential breaches of continuous disclosure rules and how this has impacted the ability of the Australian Securities and Investment Commission (ASIC) to deal with potential breaches as reported by Hannah Low (the story is behind a pay wall unfortunately)
“There might be a scrap of loose paper, nothing more than that”
In this age of digital devices has the timeless act of taking notes fallen this low?
Clearly there is a role here for simple devices like our Livescribe smartpen. Some of the ways the smartpen will help include:
- A user can quickly capture detailed notes and audio, records of conversations – all via a device that requires no more technical skill than being able to push an ‘on’ button, and use a pen
- Notes that can be immediately shared, annotated, or transformed depending on the needs of the user or specific end user
It’s worth noting that given the sensitive nature of what the ASX and ASIC is dealing with, we’ve also got the option of providing smartpen’s that can work within a totally closed, controlled environment for both entities. This is an important new development that would allow either or both parties to use the Livescribe smartpen within their own private cloud environment.
“records of the advisors’ conversations with the listed companies, its an unintelligible mess…”
Given the work we’ve done with the legal community over the past three years – from suburban law firms, barristers, to many of our State-based Law Society’s – I think it’s fair to expect a key Federal agency would be able to capture, share, and utilise notes to a higher standard – maybe we just need someone from either the ASX or ASIC to put their hand up and ask for more information – heck, we’d even give them a pen to trial…