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Showing 1 - 10 of 204 results for "ASIC"

Judgment reveals Fiducian's greenwashing brush-off: 'ESG is still a fad'

RIDDHIMA TALWANI  |  THURSDAY, 13 AUG 2026  |  NEWS
... FIMS in 2015 in response to demand for an "ethical" or "socially responsible" option for investors. It was closed in 2024. ASIC commenced civil proceedings against FIMS in 2025 for misleading the public between October 2019 and May 2024 and holding investments ...

Local sustainable funds fall into outflows: Morningstar

KARREN VERGARA  |  THURSDAY, 6 AUG 2026  |  NEWS
... of regulation, Australia's mandatory sustainability reporting regime has entered its first implementation phase, with ASIC issuing early observations and maintaining a strong focus on greenwashing enforcement. The first phase of the regime began ...

AI-washing and cyber-washing

JAMES NORTH, FRIEDA CHAN, EUGENIA KOLIVOS  |  THURSDAY, 2 JUL 2026  |  NEWS
... Financial services and credit licensee obligations In October 2024, the Australian Securities and Investments Commission (ASIC) announced the publication of Report 798: Beware the gap: Governance arrangements in the face of AI innovation (REP 798), which ...

Report targets fossil fuel outreach

VINNY VUCAGO  |  MONDAY, 29 JUN 2026  |  NEWS
... advertising and sponsorships. Nobel said previous regulatory action has demonstrated the need for broader reform. "Six years ago an ASIC investigation forced banking programs, like Dollarmites, out of schools. Now big polluters are using the same loopholes ...

Climate reporting finally compares apples to apples: ASIC

RIDDHIMA TALWANI  |  MONDAY, 1 JUN 2026  |  NEWS
ASIC commissioner Kate O'Rourke says the mandatory climate reporting introduced this year will help investors for the first time and provide a baseline for comparability and consistency on climate-related financial disclosures. O'Rourke said the regulator ...

ASIC flags disclosure flaws in mandatory climate reports

VINNY VUCAGO  |  MONDAY, 18 MAY 2026  |  NEWS
The Australian Securities and Investment Commission (ASIC) has raised concerns over the use of misleading disclaimers, inconsistent climate risk disclosures and unclear reporting assumptions in the first round of mandatory sustainability reports lodged ...

Fiducian fined $7.3m for greenwashing

KARREN VERGARA  |  TUESDAY, 31 MAR 2026  |  NEWS
... Aspirations Fund (DSAF). Subsidiary Fiducian Investment Management Services (FIMS) entered into the heads of agreement with ASIC to pay the $7.3 million pecuniary penalty. It will also reimburse ASIC for its legal costs of about $650,000. The product ...

ASIC launches sustainability reporting e-modules

KARREN VERGARA  |  MONDAY, 30 MAR 2026  |  NEWS
ASIC has launched sustainability reporting resources in conjunction with the Australian Accounting Standards Board (AASB), aiming to help companies with new sustainability reporting obligations. E-learning Modules 1 to 3 cover core concepts behind the ...

SMC outlines better practice principles for First Nations super members

ELIZA BAVIN  |  THURSDAY, 19 MAR 2026  |  NEWS
... social structures; clearer, sector-wide guidance on acceptable non-standard ID; greater regulatory guidance from APRA and ASIC to set minimum expectations on cultural safety and service standards; and guidance and support for collecting Indigenous status ...

ASIC has 'strong appetite' to hold boards to account

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2026  |  NEWS
Following the landmark Federal Court decision in the case ASIC brought against Star Entertainment, ASIC chair Joe Longo said the regulator will not shy away from holding company directors to account. The Federal Court found two former senior executives ...
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