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Showing 11 - 20 of 204 results for "ASIC"

Star Entertainment judgement gives key lessons for directors

ELIZA BAVIN  |  MONDAY, 9 MAR 2026  |  NEWS
... passengers. They must actively and diligently carry out their oversight responsibilities based on the information they have." ASIC chair Joe Longo said the regulator pursued the case because it raised fundamental questions about trust, governance and ...

Governance issues on the rise: ASIC

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026  |  NEWS
... 31 December 2025, the corporate watchdog received 9686 reports of misconduct (ROMs), raising 13,036 issues, new data from ASIC shows. ASIC said the increase in ROMs was driven largely by corporate governance concerns, including failures to provide company ...

UniSuper accused of greenwashing in GEO option

JAMIE WILLIAMSON  |  MONDAY, 23 FEB 2026  |  NEWS
The Environmental Defenders Office has made a formal complaint to ASIC on behalf of a UniSuper member, claiming the investment criteria of the GEO option was watered down significantly in March 2025, enabling greater investment in companies that do ...

ESG regulations have significantly shifted: Australian Ethical

ANGELIQUE MINAS  |  MONDAY, 22 DEC 2025  |  NEWS
... Diverging from international attitudes, the compliance crackdown by the Australian Securities and Investments Commission (ASIC) was a juxtapositional response to these trends, George said. "The regulator sees the line between what is acceptable and what's ...

ANZ hit with additional $10m penalty

MATTHEW WAI  |  MONDAY, 22 DEC 2025  |  NEWS
... substantial penalty needs to be imposed to achieve both specific deterrence and general deterrence," Beach said. Meanwhile, ASIC chair Joe Longo said ANZ is a "critical part" of Australia's banking system and must do better. "The size of the penalties ...

ASIC releases educational resources on sustainability reporting

JAMIE WILLIAMSON  |  MONDAY, 15 DEC 2025  |  NEWS
ASIC released new educational materials to help smaller companies and report preparers in understanding and applying the foundational concepts behind the sustainability reporting requirements. ASIC has worked with the Australian Accounting Standards ...

APRA flags governance concerns at HESTA

JAMIE WILLIAMSON  |  FRIDAY, 12 DEC 2025  |  NEWS
... identified so we can better support our members now and into the future." The extra conditions follow action against HESTA by ASIC last month, in which the super fund was fined $40,000 for greenwashing. ASIC said between 15 April 2021 to 18 December ...

Super moves: Future Fund, Bupa, QIC, HESTA, Prime Super

ELIZABETH FRY  |  THURSDAY, 13 NOV 2025  |  NEWS
... joins from IBM Promontory, where he covered regulatory remediation, data-led strategy, and AI-driven innovation for APRA-, ASIC-, and AUSTRAC-regulated clients. Shinkarsky's previous experience includes Oliver Wyman, where he ran Basel II AIRB and ...

False exclusion claims see Prime Super fined

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025  |  NEWS
... after it claimed it "excluded entirely" manufacturers of tobacco products when it had indirect holdings in six companies. ASIC issued an infringement notice to the $8 billion super fund over misleading statements made in its 2023 annual report. The fund ...

HESTA pays $40k fine for greenwashing

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025  |  NEWS
HESTA has paid $37,560 to comply with two infringement notices issued by ASIC for misleading statements. ASIC alleged the $100 billion super fund made misleading statements in paid advertisements about its commitment to removing carbon emissions investments. ...