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Showing 11 - 20 of 89 results for "Australian Securities"

Aus funds hit by outflows, global gains for passive ESG

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
... Morningstar local senior manager research analyst Shamir Popat. He added that action against greenwashing by the Australian Securities and Investments Commission (ASIC) did not materially contribute to underperformance. "ESG integration has become the ...

ASIC consults on guidance for carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 8 MAY 2024  |  NEWS
... carbon market participants in 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. ...

Greenwashing crackdown will boost ESG fund flows: ASIC

ROSE MARY PETRASS  |  THURSDAY, 2 MAY 2024  |  NEWS
... profitability. Responsible investors 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 ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  MONDAY, 29 APR 2024  |  NEWS
... into unnecessary financial 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 ...

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 ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... Disclosure of Climate-related Financial Information accounting standard. The legislation would amend the Australian Securities and Investment Commission Act and the Corporations Act. Under the proposed legislation, entities who meet two of the three ...

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

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... The federal government has 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 ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... qualifications on their 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 ...

Climate disclosure lawsuit against Commonwealth settled

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... zero; not disclosing climate change risks to bond investors is misleading or deceptive under s 12DA of the Australian Securities and Investments Commission Act 2001 (Cth)."

ACCC publishes greenwashing guidance

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2023  |  NEWS
... incorrect." The guidance also noted that greenwashing conduct crosses regulatory boundaries, citing work with the Australian Securities and Investment Commission (ASIC) in monitoring and combatting greenwashing. "The ACCC will focus on consumer facing ...