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Showing 111 - 120 of 408 results for "Financial services"

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
... spokesperson for ASIC confirmed to FS Sustainability that Bloomberg and MSCI do not hold any relevant Australian Financial Services Licences. But the market regulator issued a warning. "ASIC is actively considering the conduct and obligations of third-party ...

Investments at risk: Finance "out of step" with climate science

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
... University of Exeter in July also released findings that economic models underpinning climate scenario modelling in financial services exclude climate tipping points. The Carbon Tracker report warns of the serious prospect of an "unpleasant, abrupt and ...

T. Rowe Price creates specialist APAC ESG role

CHLOE WALKER  |  FRIDAY, 28 JUL 2023  |  NEWS
... to the newly created role of ESG investment specialist, APAC. Ramscar brings over 20 years of experience in financial services, having spent a decade at Legal & General Investment Management in London, including the past five years as its head of sustainability ...

Mike Ng named first chief sustainability officer for OCBC

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
... transition to net zero on both the lending and wealth management fronts at Southeast Asia's second largest financial services group by assets. CEO Helen Wong said the new role would be focused on strong governance and will oversee bringing the business ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
... published online. "ASIC will continue its focus on alleged greenwashing conduct and we continue to stress to the financial services industry that if exclusions in investments are promised, these exclusions need to be applied and promises upheld," Court ...

ACCC publishes greenwashing guidance

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2023  |  NEWS
... on consumer facing products and services, whereas ASIC is primarily responsible for financial products and financial services," the guidance said. "However, misleading environmental claims may sometimes fall within both ASIC's jurisdiction and the ACCC's ...

RIAA CEO Simon O'Connor to exit after 10 years

ROSE MARY PETRASS  |  THURSDAY, 29 JUN 2023  |  NEWS
... that the organisation has evolved from "a cottage industry on the side-lines" to "right in the centre of core financial services discussions, focus and regulatory development". Ross Piper, chair of the RIAA board commented: "Simon has been a highly effective ...

Amid economic uncertainty, "overlooked" co-ops and mutuals thrive

ROSE MARY PETRASS  |  MONDAY, 26 JUN 2023  |  NEWS
... 2022 financial year, despite global and domestic economic uncertainty - with the greatest number being in the financial services sector, a new report has found. A report published by the Business Council of Co-operatives and Mutuals (BCCM) has found ...

Podcast: Getting the balance right - Laura Ryan

THE GREENER WAY  |  THURSDAY, 22 JUN 2023  |  NEWS
... than two decades of experience under her belt in quantitative analytics for leading national and international financial services institutions, Ryan discusses her recent paper, co-authored alongside the CFA Institute and ANU, on promotion rates in the ...

ASIC chair calls out greenhushing as form of greenwashing

RACHEL ALEMBAKIS  |  MONDAY, 5 JUN 2023  |  NEWS
... it's of global significance," Longo said. "I would go so far as to say this is the biggest change in the financial services sector in a generation. We need to be prepared for that change as it unfolds. "Why? Because Australia is part of a global ...