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Showing 1 - 10 of 59 results for "Investments Commission"

ASIC consults on guidance for carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 8 MAY 2024  |  NEWS
... relation to the Australian financial services (AFS) licensing requirements. The Australian Securities and Investments Commission (ASIC) proposed an overhaul of its regulatory guide to address the safeguard mechanism reforms. The proposed updates, which ...

Greenwashing crackdown will boost ESG fund flows: ASIC

ROSE MARY PETRASS  |  THURSDAY, 2 MAY 2024  |  NEWS
... must ensure their products are true-to-label in order to avoid greenwashing, the Australian Securities and Investments Commission (ASIC) chair said. Businesses with transparent and clear sustainability goals backed up by genuine ambition and action are ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  MONDAY, 29 APR 2024  |  NEWS
... hardship as a result of these planned new reporting requirements." Meantime, Australian Securities and Investments Commission (ASIC) chair Joe Longo said growing interest in environmental, social, and governance issues had driven the need for more thorough ...

ASIC warns it can't take action on every case of misconduct

ELIZA BAVIN  |  FRIDAY, 22 MAR 2024  |  NEWS
Australian Securities and Investments Commission (ASIC) commissioner Alan Kirkland has admitted the regulator can't fight every battle of misconduct, but that doesn't mean it's not watching. Speaking at the Blockchain APAC Policy Week event ...

ESG in 2024: key trends and legislative changes for the year ahead

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... a tight timeline to meet to hit its deadline. Under the Corporations Act, the Australian Securities and Investments Commission (ASIC) imposes personal liability risks for directors. This will make climate-related disclosures a civil penalty provision ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... disclosures to limit any potential liability, creating confusion in the market." The Australian Securities and Investments Commission (ASIC) "will play an important role in this transitional period, to ensure best practice reporting, and that all efforts ...

Climate disclosure lawsuit against Commonwealth settled

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... change risks to bond investors is misleading or deceptive under s 12DA of the Australian Securities and Investments Commission Act 2001 (Cth)."

Industry reacts to ASIC greenwashing guidance

RACHEL ALEMBAKIS  |  THURSDAY, 16 JUN 2022  |  NEWS
The Australian Securities and Investments Commission's (ASIC) recently released information sheet on greenwashing is a good first step in setting the regulator's expectations, but experts say there is more to be done to improve disclosure on ...

ASIC: improve greenwashing disclosure or risk penalty

RACHEL ALEMBAKIS  |  THURSDAY, 16 JUN 2022  |  NEWS
The Australian Securities and Investments Commission's (ASIC) recent information sheet on greenwashing is focused on improving practices on ESG disclosure in managed funds and superannuation, with the regulator saying it would consider enforcement ...

Climate change "a first-order risk": RBA

RACHEL ALEMBAKIS  |  THURSDAY, 14 OCT 2021  |  NEWS
... comprising Treasury, the Australian Prudential Regulation Agency (APRA), the Australian Securities and Investments Commission (ASIC) and the RBA - is tackling these issues through the Working Group on the Financial Implications of Climate Change. The ...
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